Two major Cyprus-based shipping companies, Interorient Navigation Co Ltd and Danship & Partners Ltd, have revealed plans to inject Rs 10,000 crore into India’s shipping industry, reported PTI.
This will be the single biggest foreign direct investment (FDI) in Indian shipping since the sector was fully opened to overseas investment in 2005.
This will be the single biggest foreign direct investment (FDI) in Indian shipping since the sector was fully opened to overseas investment in 2005.
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