India To Get ₹10,000 Crore From Cyprus Firms In Biggest Maritime FDI Since 2005
India’s shipping sector is set to receive a transformative boost with the announcement that Cyprus-based Interorient Navigation Co Ltd and Danship & Partners Ltd will invest ₹10,000 crore in the industry. This represents the largest foreign direct investment (FDI) in Indian shipping since the sector was fully opened to overseas investment in 2005. The announcement comes on the heels of
India’s shipping sector is set to receive a transformative boost with the announcement that Cyprus-based Interorient Navigation Co Ltd and Danship & Partners Ltd will invest ₹10,000 crore in the industry. This represents the largest foreign direct investment (FDI) in Indian shipping since the sector was fully opened to overseas investment in 2005. The announcement comes on the heels of
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