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The Economic Times
The Economic Times

India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRI

GTRI India United States MSME Insurance Red Sea Ajay Srivastava Europe The Red Sea

New Delhi: With growing shipping chokepoints, India must treat maritime insecurity as a persistent trade risk and strengthen its domestic shipping capacity, trade finance, naval protection and alternative transport corridors, economic think tank GTRI said on Sunday.

It said that the Red Sea crisis has completed 1,000 days without a durable solution, showing that military action can intercept missiles but cannot restore commercial confidence.

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