Tag: Strait of Hormuz impact
INFRASTRUCTURE India Charts Shipping Fleet Expansion Plan Amid Global Trade Turbulence

In a decisive move to strengthen maritime resilience, the government is working on a significant expansion plan aimed at boosting India’s shipping strength. The roadmap includes the addition of 62 vessels in FY27, backed by an investment of ₹51,383 crore, which is expected to create an additional capacity of 2.85 million gross tonnage (GT). The […]

CW Bureau · Apr 29, 2026
GENERAL India Ramps Up Refinery Output, Ensures Supply Amid Fuel Crisis

In view of the continued closure of the Strait of Hormuz, the Indian government on March 29 stated that it is undertaking proactive measures to ensure the uninterrupted availability of petroleum products and LPG across the country. All refineries are currently operating at high capacity, supported by adequate crude inventories. The country is also maintaining […]

CW Bureau · Mar 29, 2026