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🇮🇳 India economy

Sailing through troubled waters

Summary

India is one of the top three global suppliers of seafarers, with a trained workforce exceeding 320,000 skilled maritime professionals – roughly 12 per cent of the global maritime workforce. India ranks alongside major maritime suppliers, significantly contributing to the over $7 billion global seafarer market. Hence, it has become a major global hub for the maritime crewing business, providing a large, skilled and English-speaking merchant navy workforce for both cargo and cruise vessels. The crewing and ship management industry is heavily concentrated in cities like Mumbai and Navi Mumbai, with significant operations also in Chennai and Ne…

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