NEW DELHI: The government on Saturday said it has invited
global
vessel
owners
to flag their
ships
in
India
to
take
advantage of the Make
in
India policy.
The government has recently revised its Make
in
India Policy for
public procurement, under which no
global tender enquiry will be issued, except with the approval of the competent authority, for the procurement of all services with estimated value of less than Rs 200 crore.
"It is estimated that the Make
in
India policy will provide an opportunity
to at least double the number of Indian flag vessels
in the immediate term - from the present approximately 450
to at least 900 and more over a period of 3 years - leaving further scope for additional investment
in the Indian flag tonnage,"
Ministry of Shipping said
in a statement.
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
in respect of transportation of government cargoes.
Shipping Minister Mansukh Mandaviya has reviewed the readiness of Indian shipping for implementation of the government's Cargo Transportation Policy, the statement said.