India has reached an economy-boosting alliance with Germany to collaborate on improvements to inter-port rail connectivity in the country; the agreement has been reached including the Indian Port Rail Corporation LTD, according to the Business Standard.
It has been confirmed that in attendance were Nitin Gadkari, the Minister of Road Transport Shipping for India, Rajive Kumar Secretary for Road Transport and Highways for India, and Alexander Dobrindt, the Minster and Road Transport Shipping and Infrastructure for Germany, although other important industry and government figures were present.
A MoU was recently signed between Indian Port Rail Corporation Ltd and the German Railways Deutsche Bahn to transform the existing railways between ports, and the newest meetings are further improving logistics.
At the end of September, 2016 PTI reported that State owned ports in India are being told to take a leaf from the private sectors book, as the chiefs of twelve of the largest public ports visited the major private ports across the country.
The Indian Maritime Administration, the directorate general of shipping, made a break-through in shipping surcharge legislation as shipping lines and their agents agreed not to levy up to 25 different hidden charges.