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India must own its trade, add 100 shipsto merchant fleet: Shipping Minister Sarbananda Sonowal

India pays ₹75 billion per year to foreign shipping lines, says NSB, proposing a five-year roadmap to reduce dependence on foreign ships for critical cargo; however, it is 16% to 20% costlier to operate ships under an Indian flag

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The Hindu25 Aug 2026, 03:39 pmUpdated 5h ago1 min readIndiaIndia
India must own its trade, add 100 ships to merchant fleet: Shipping Minister Sarbananda Sonowal

IndiaThe Hindu

India pays ₹75 billion per year to foreign shipping lines, says NSB, proposing a five-year roadmap to reduce dependence on foreign ships for critical cargo; however, it is 16% to 20% costlier to operate ships under an Indian flag

This report is published with credit to The Hindu. The wire sent a summary; open the original for any extra context. Read on The Hindu

Source: The Hindu. Published 25 Aug 2026, 03:39 pm.

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