New Delhi, July 10 (IANS) In a major policy reform aimed at strengthening India’s maritime services ecosystem, the Union government has exempted units established in the International Financial Services Centre (IFSC) at GIFT City in Gandhinagar, from the licensing requirement under the Coastal Shipping Act for chartering foreign vessels for EXIM and international trade operations. The reform is expected to strengthen GIFT City as a globally competitive maritime leasing and financing hub, facilit…
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