India Plans to Expand Shipping Capacity with 62 New Vessels
India's Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, has announced an ambitious plan to expand the country's maritime capabilities by adding 62 new vessels to its fleet. This initiative is part of a broader strategy to enhance India's self-reliance in maritime operations, especially in light of recent global disruptions such as the closure of the Strait of Hormuz. The plan includes significant investments in shipbuilding and aims to increase the domestic fleet's capacity by 2.85 million gross tons. The government is also revising cabotage regulations to encourage foreign ships to register under the Indian flag, thereby boosting the country's maritime commerce. 
