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Indian government began to take measures to ease the pressure from supply chain

Time:2021-09-08 Publisher:Kevin Num:3898

Now the shipping supply chain is blocked seriously. The high freight and container shortage make the import and export enterprises face great challenges. 

One government announced that it would take some measures to alleviate this situation in the short term.

Recently, Indian exporters have received good news. The Indian Ministry of Commerce has promised that they will announce a series of short-term measures to alleviate the serious shortage of containers and soaring freight costs caused by the epidemic.

BVR subrahmanyam, Minister of Commerce of India, delivered a speech saying that the government is actively discussing the solutions proposed by exporters and private enterprises in order to find an effective solution to the current soaring freight rate.

At the same time, Ajay Sahai, CEO of the Federation of Indian exporters' organizations (FIEO), told the media and the public about their dissatisfaction and suggestions to the Indian government and asked them to intervene in time.

"Today, about 30000 containers are stacked in the port. The main reason is that the importer did not pick up the container in time. We have suggested that the government arrange these containers in nearby warehouses and put the sorted empty containers back into use to speed up the export. " Sahai said.

Secondly, exporters have asked the government to supervise the export of empty containers.

This can speed up the processing of empty containers and put them back into the maritime supply chain for further use.

"We hope to ship 1 million containers from all over the world. Among them, many shipping companies also bring containers from the east coast and west coast to help us. " The CEO of FIEO said.

It is expected that while importing containers to India, the government may require shippers to charge the base price of containers as freight.

Some data show that the freight of a container to and from India is currently hovering between 7000 and 10000 US dollars, while it was still between 3000 and 4000 US dollars a few months ago, which makes importers and exporters feel very scared.

Referring to the cost factors of imported containers, Sahai said that the industry will bear the increased costs because it has to choose between container shortage and high freight charges.

A sakthivel, chairman of FIEO, said that they had brought the matter to New Delhi and the government had responded positively to the demands of exporters.

It is reported that the Ministry of Commerce will hold a meeting with industry participants such as the Ministry of shipping, shipping companies, agents and exporters' representatives on September 9 to formulate effective solutions.

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