New Delhi (NVI): The government has invited ship owners from around the globe to flag their ships in India to take advantage of the Make in India policy, the Ministry of Shipping said.
“With a modern maritime administration, continuous supply of trained seafarers, ship management skills already available, ship owners worldwide are invited to now flag their ships in India to take advantage of the Make in India policy of the government in respect of transportation of government cargoes,” Shipping Ministry said in a statement.
Minister of State for Shipping, Mansukh Mandaviya, reviewed the readiness of Indian shipping for implementation of the Government’s Cargo Transportation Policy.
Furthermore, it is estimated that the Make in India policy will provide an opportunity to double the number of Indian flag vessels.
For the immediate term – from the present approximately 450 to at least 900 and more over a period of 3 years, the ministry added.
The Ministry also said that Government of India has recently revised its Make in India policy for public procurement, among others, of all services.
Under the revised policy, no global tender enquiry shall be issued, except with the approval of the competent authority, for the procurement of all services with estimated value of less than Rs 200 crores, ministry added.
-RJV
