Owners invited to flagships in India
The revised Make in India policy provides an opportunity to at least double the number of Indian flag vessels in the immediate term to 900 with scope for additional investment in the Indian flag tonnage over three years.
With a modern maritime administration, continuous supply of trained seafarers, ship management skills already available, ship owners worldwide are invited to now flag their ships in India to take advantage of the Make in India policy of the Government in respect of transportation of Government cargoes, said a Shipping Ministry release on 20 June 2020.
There are approximately 450 vessels under the Indian flag.
The release said Mansukh Mandaviya, Minister of State (Independent Charge) for Shipping, has also reviewed the readiness of Indian shipping for implementation of the Government’s Cargo Transportation Policy.
The Government has recently revised its Make in India Policy for public procurement, among others, of all services.
Under the revised policy, no global tender enquiry shall be issued, except with the approval of the Competent Authority, for the procurement of all services with an estimated value of purchases less than Rs. 200 crores, it said. fiinews.com
