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Govt to reduce reliance on foreign ships, promote India-made vessels
Financial Express Kochi
|May 22, 2025
THE CENTRE HAS set the ball rolling to increase the fleet of large 'Made in India' merchant ships with an eye on joining the league of the top maritime countries of the world over the next two decades.
The move stems partly from a realisation that a large fleet of merchant ships made in India is required since foreign ships that transport merchandise to and from India may choose to stay away in case of an emergency.
A situation like the recent three-day escalation between India and Pakistan can put ports on high alert, and may dissuade foreign ships from visiting Indian ports, thus harming trade. The government also feels that becoming a maritime power is an essential part of being a "developed nation" — something that the government hopes to become by 2027.
Denne historien er fra May 22, 2025-utgaven av Financial Express Kochi.
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FLERE HISTORIER FRA Financial Express Kochi
Financial Express Kochi
PM inaugurates Skyroot's orbital rocket in Hyderabad
PRIME MINISTER NARENDRA Modi on Thursday unveiled space startup Skyroot's first orbital rocket and praised Gen Z professionals for creating new technologies.
1 min
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Financial Express Kochi
Govt pushes green farm tools to boost food output by ’47
THE GOVERNMENT WILL prioritise green fuel-based farm machinery and enhance access to mechanisation for small and marginal farmers as part of India's vision to become a global food basket by 2047, Agriculture Secretary Devesh Chaturvedi said on Thursday.
1 min
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Financial Express Kochi
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1 mins
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Financial Express Kochi
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2 mins
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Financial Express Kochi
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1 mins
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Financial Express Kochi
Unified portal soon to help retrieve unclaimed assets
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1 min
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Financial Express Kochi
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NPCI BHARAT BILLPAY'S (NBBL) platform aims to process 1 billion transaction per month over the next three years, said Noopur Chaturvedi, MD & CEO of NBBL, a wholly owned subsidiary of the National Payments Corporation of India.
1 min
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Financial Express Kochi
Meesho to raise up to ₹5,400 crore through IPO
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1 min
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Financial Express Kochi
Benchmarks touch lifetime highs
ACCORDING TO Aashish P Sommaiyaa, ED & CEO of WhiteOak Capital AMC, while domestic flows are sustainable, FPI outflows are abating and there are early signs of change.
1 mins
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Financial Express Kochi
Private telcos flag gaps in DPDP Rules
THE CELLULAR OPERATORS Association of India (COAI), which represents the three private telcos in the country, has said that several areas in the Digital Personal Data Protection (DPDP) Rules, 2025 require clearer articulation to support smoother and industry-aligned compliance.
1 min
November 28, 2025
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