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India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRI

India must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes have raised freight, insurance and working-capital costs, particularly hurting MSME exporters trading with Europe and th…

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India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRI

India must treat maritime insecurity as a long-term trade risk as the Red Sea crisis crosses 1,000 days, GTRI said. Longer shipping routes have raised freight, insurance and working-capital costs, particularly hurting MSME exporters trading with Europe and th…

New Delhi: With growing shipping chokepoints, India must treat maritime insecurity as a persistent trade risk and strengthen its domestic shipping capacity, trade finance, naval protection and altern…

Originally published by The Times of India. Read the full article →

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