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Govt eases shipping rules for GIFT City to spur maritime leasing, finance
GIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing ecosystem. The move simplifies regulations for international trade operations and foreign vessel chartering. It is expected to attract global capital and encourage maritime business activities. This reform supports India's vision for a leading maritime services center.
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economictimes.indiatimes.com
Timeline cronologica
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Govt allows GIFT City units to lease foreign vessels without need for DGMA permission
The shipping ministry has granted exemptions for GIFT City entities. These entities can now lease foreign vessels without DGMA permission. This change follows a gazette…
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Govt eases shipping rules for GIFT City to spur maritime leasing, finance
GIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing ecosystem. The move simplifies…