Govt exempts IFSC GIFT City units from licensing requirement for chartering foreign vessels

Jul 10, 2026 - 08:30
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Govt exempts IFSC GIFT City units from licensing requirement for chartering foreign vessels
The government has exempted GIFT City IFSC units from needing a licence to charter foreign vessels for Exim and international trade. The move, notified under the Coastal Shipping Act, 2025, leaves coastal trade rules untouched.

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