New Delhi, March 7 -- India's heavy reliance on foreign vessels for international trade represents a significant strategic vulnerability, warned Sanjeev Sanyal, Member of the Prime Minister's Economic Advisory Council. Speaking at the Raisina Dialogue on Saturday, Sanyal noted that the domestic fleet is currently insufficient to protect the economy from potential global supply chain disruptions or targeted boycotts.

Sanyal explained that the vast majority of India's goods trade is handled by international shipping lines, leaving the nation's economy exposed to external pressures. He stated, "90 to 95 per cent of all our goods trade is carried by foreign ships. So, if you really want to get India into trouble, all you really need to do is...