Govt consults exporters on relief for inland freight costs, container crunch
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The government is consulting exporters to address high inland freight costs and a container shortage caused by the West Asia crisis.
- ✓Officials seek industry feedback to frame relief measures.
- ✓"Exporters continue to bear the brunt of these landside logistics bottlenecks," a source said, as rising exports strain current shipping capacity.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Officials seek industry inputs on eligibility and rollout of support measures as West Asia crisis disrupts shipping and strains margins
The government is holding consultations with exporters to formulate support measures to address rising inland transportation costs and a shortage of shipping containers, as disruptions to maritime trade linked to the West Asia crisis add to the logistics challenges facing the export sector.
The Directorate General of Foreign Trade (DGFT) has sought detailed industry feedback to frame targeted relief measures, define eligibility criteria and work out an implementation mechanism, sources told businessline.
"In a recent meeting with exporters, the DGFT and its team sought inputs on the ground-level challenges faced by the industry due to high inland transportation charges and restricted container availability. Officials also sought specific recommendations on how to structure the proposed support measures and ensure their smooth implementation across major manufacturing and export hubs," a source said.
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