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Revamp the legal framework to grow a globally competitive shipping industry

Bharatiya Janata Party · Lok Sabha General Election 2024

Last updated 4 Jun 2026

We will revamp the legal framework to enable faster growth of our Shipping industry to become globally competitive.

From the Bharatiya Janata Party manifestoView Manifestop.47

Our Assessment

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The legal framework for shipping is being modernised: new laws including the Merchant Shipping/Coastal Shipping legislation and the Bills of Lading Act, 2025 have been enacted to replace colonial-era statutes, simplify registration and promote Indian-flagged tonnage and coastal shipping, complemented by the enhanced Shipbuilding Financial Assistance Policy and the Maritime Amrit Kaal Vision. These reforms support a homegrown, globally competitive shipping industry, though full impact is still building. Partial. (Note: complements the shipbuilding-promotion commitment in the Global Manufacturing Hub section; this entry reflects the shipping-industry legal-framework framing.)

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