Posted on October 31, 2024

India will probably reverse legislation which abolished cabotage restrictions, saying that the advantages gained by foreign-flag carriers have disadvantage local shipping concerns. The country’s renewed protectionist policies pose a threat to the expansion plans of foreign shipping lines.

The potential reintroduction of cabotage laws could hinder the growth of international shipping companies in India, as they may face increased restrictions and limitations on their operations. This development may cause a shift in the competitive landscape of the Indian shipping industry, favouring domestic players over their foreign counterparts.

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