Mumbai - Shipping lines are adding capacity to support India’s export growth, with multinationals such as Maersk-Hapag-Lloyd’s Gemini Cooperation, MSC, and CMA CGM launching new routes and upgrading services. This expansion is expected to boost trade efficiency, reduce freight costs and turnaround times.

Merchandise export growth reached 17% year-on-year in October, with total exports projected to hit $435 billion this fiscal year.

Starting February, Maersk and Hapag-Lloyd will introduce three dedicated and eight to nine shuttle routes under their Gemini network, while MSC plans a Mediterranean-Asia . . .