New Delhi - As global shipping rates doubled in September this year amid the ongoing conflict in the Middle East, the Centre is taking measures to mitigate losses by boosting the size of the Indian container manufacturing capacity and augmenting the domestic shipping fleet, government officials said.
“There is a clear recognition at higher levels of the need to boost the shipping fleet and improve container manufacturing. Inter-ministerial efforts involving commerce, shipping and finance for the same are ongoing. Today, our exports stand at $450 billion. China was at $450 billion in 2004. It . . .
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