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FIEO seeks aid for India-flag shipping lines
Financial Express Pune
|January 23, 2026
THE UNION BUDGET should provide policy and fiscal support for development of global-scale shipping lines that could save $40-50 billion annually through freight outflows, Federation of Indian Export Organisations (FIEO) has suggested.
“India’s heavy dependence on foreign shipping lines exposes exporters to high freight costs, supply disruptions, and volatility in global shipping rates.
“The absence of strong Indian shipping carriers weakens India’s trade resilience and bargaining power,” president of FIEO S C Ralhan said.
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