India has removed the requirement for ships chartered by domestic governments and companies to have transshipment permits . The move aims to stop Indian container cargo diverting to foreign ports , and to also encourage entrepreneurship and coastal trade , as well as create domestic jobs , according to Union Minister Nitin Gadkari . The government has done away with licensing requirement for ships chartered by Indian citizens or companies for transshipment of containers with a view to boosting coastal trade and promoting entrepreneurship, Union Minister Nitin Gadkari said today. Currently , some 80 % of Indian container cargo is aggregated at nearby ports such as those in Singapore , Malaysia , Jabel , and Colombo .
India has removed the requirement for ships chartered by domestic governments and companies to have transshipment permits . The move aims to stop Indian container cargo diverting to foreign ports , and to also encourage entrepreneurship and coastal trade , as well as create domestic jobs , according to Union Minister Nitin Gadkari . Currently , some 80 % of Indian container cargo is aggregated at nearby ports such as those in Singapore , Malaysia , Jabel , and Colombo .