EXIM trade

REVIVAL OF SHIPPING CORPORATION OF INDIA

The revival of the Shipping Corporation of India marks a strategic shift in India’s maritime policy as the government seeks to rebuild national shipping capacity after decades of decline caused by liberalisation, ageing fleets and loss of preferential rights. The pandemic and global supply-chain disruptions exposed India’s dependence on foreign carriers, highlighting the need for stronger domestic control over EXIM logistics, energy transport and critical shipping routes. By acquiring new vessels through PSU joint ventures and aligning with global trends of increased state ownership in strategic sectors, India aims to enhance economic resilience, safeguard national interests and re-establish a robust maritime presence.

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