Indian Shipping Industry
Challenges
- Institutional Challenges: The bureaucracy in India is stiff and reluctant to cede control, which prolongs the process. Governments at all levels—federal, state, local—are involved in various ways, and their overlapping authority adds to the confusion. It is difficult for shipping companies in India because there is no single window clearance procedure.
- Infrastructure Challenges: There is an urgent need to improve the capacity of all major and minor ports in India. The cycle time of Indian goods has rendered them globally uncompetitive due to transhipment ports in other nations. Along with this expansion of the road system, it is imperative ....
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