India’s maritime sector: 95% of nation’s trade moves by sea; government eyes Rs 80 lakh crore push under Vision 2047
Nearly 95 per cent of India’s trade by volume and around 70 per cent by value moves through maritime routes, underscoring the sector’s pivotal role in the country’s economy and competitiveness. A government press release cited by the agency highlighted that the maritime sector remains the backbone of India’s global trade and growth story.From crude…