New Delhi, Nov. 7 -- India is charting an ambitious course to revive its shipbuilding prowess, with the ports, shipping and waterways ministry planning high-level roadshows in Japan, South Korea and some Scandinavian nations to attract investment in shipbuilding, repair and maritime technology, two officials aware of the development told Mint.
The roadshows are likely to be held in the last quarter of current fiscal year and the early part of next fiscal year, they said.
The move follows the Centre's approval of a Rs.70,000-crore financial package last month for building infrastructure to attract investment in shipbuilding, repairs and breaking, while also promoting domestic ship ownership and enhancing port infrastructure.
"Now that t...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.