Nhava Sheva Mumbai

The economic growth uncertainty, caused by Russia’s invasion of Ukraine and consequent global sanctions, is taking a bite out of investment expectations for the global supply chain industry that had begun to recover from Covid-induced headwinds.

One such casualty of the gathering storm is the fate of India’s national carrier, the Shipping Corporation of India (SCI), whose protracted privatisation effort is again in limbo, according to government and industry sources.

“Although there is no official update, indications are that the plan has ...

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