New Delhi - India is working towards establishing itself as one of the world’s leading shipbuilding nations, to secure a significant position in the global maritime industry, according to Minister of shipping and ports Sarbananda Sonowal. To achieve this, the country is in the process of updating its regulations to attract more investment into the sector.

Sonowal highlighted that the enactment of two key pieces of legislation—the Coastal Shipping Bill and the Merchant Shipping Bill—will “revolutionize” India’s maritime sector. These laws are expected to boost Indian ship ownership and streamline business operations . . .