Currently, The growth in the waterways sector indicates the need India ranks second in the world in ship recycling and to effectively manage the fuel transition in vessels to 21st in shipbuilding (Prakash 2021). [...] While the use of clean fuels With a coastline of 7,500 km and inland waterways in the vessels operating in international waters, will be potential of over 20,000 km, shipbuilding has been guided by the IMO, the government should incentivise identified as a key sector under the ‘Make in India’ the adoption of new fuel technologies in IWT and the initiative. [...] The order books of the few In tandem with the IMO targets, public-sector shipyards in India always remain full, as the Indian government should 90 per cent of government orders for fleets for the Navy incentivise the adoption of new fuel and the coast guard are placed with them. [...] In the ship repair industry, the cost of Economic instruments can play a critical role in financing, the tax burden, and limited ship spare bringing parity in the costs of clean and conventional availability contribute to a lack of competitiveness. [...] Disclaimer: The views expressed in this report are those of the authors and do not reflect the views and policies of the Council on Energy, Environment and Water.
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- 18
- Published in
- India
