Tag: container shortage
Posted in Economy
Long voyage time impacted trade, no container shortage: Govt to Parliament
New Delhi: The long voyage time due to ships taking longer routes through Cape of Good Hope has impacted global trade, including Indian exports, commerce…
Posted in Economy
Commerce, shipping ministries to discuss trade and shipping-related tax issues tomorrow
New Delhi: The commerce and industry ministry will on Friday meet officials of finance and shipping ministries and industry stakeholders to discuss tax related issues…
Posted in Economy
Higher freight costs, container import dependence hurt India’s exports: GTRI
India needs to increase container production, promote the use of domestic containers, strengthen domestic shipping firms and enhance port infrastructure as higher freight costs, container…
Posted in Economy
Rising freight costs, container shortages threaten exports; need urgent steps: GTRI
Increasing freight costs, shortage of containers and dependence on major shipping hubs and foreign carriers pose serious challenges to the country’s exports, think tank GTRI…