To join shipbuilding big league, govt to pump in Rs 70,000 crore | India News
NEW DELHI: Aiming to position India among the global shipbuilding elite, the govt Wednesday approved an umbrella package involving nearly Rs 70,000 crore in investment in the maritime sector, currently dominated by China, South Korea and Japan. Shipping ministry officials said this marks the most significant reform in the sector since Independence.Announcing the decision, I&B…