Ministry of Commerce and Industry Hosts Outreach Program, Spotlights Industry Leaders and Innovation

Pushpank Kaushik, CEO of Jassper Shipping called for increased financial support from banks for the shipping industry and emphasized the need for greater attention to this sector. Addressing Union Ministers, he remarked, “Logistics and shipping professionals aspire to become ship owners but encounter limited banking support and industry recognition. This is in stark contrast to the more supportive environments found in Vietnam, Singapore, and the UAE. It is crucial to prioritize these issues to foster growth and competitiveness in our shipping industry.”

The Ministry of Commerce and Industry highlighted various programs, including Ease of Doing Business (EoDB), PM GatiShakti, Start-Up India, Intellectual Property Rights (IPR), NICDC, Free Trade Agreements (FTAs), Exports, GeM Portal, and SEZs. Telangana’s proactive efforts to attract investments across many industries, establishing it as a highly desirable location for businesses and investors, were also recognized.

About Jassper Shipping

Jassper Shipping is a renowned name in the national and international shipping industry, serving a wide range of industries and over 115 companies worldwide. With a vast network of over 500 owners and operators, it is the largest agency network in Asia and has a strong presence in South East Asia, Africa, AG, Red Sea, and Far East. As India’s most well-connected NVOCC and liner agency, Jassper handles over 5000 TEUs across various locations in India.

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