India, March 19 -- The Government of India has issued a release:
Recent developments, including heightened security concerns around the Strait of Hormuz, have led to vessel diversions, longer sailing routes, congestion at transshipment hubs and emergency conflict-linked surcharges. These developments have increased logistics costs and created operational uncertainty for export consignments moving to or through the region.
In view of the evolving geopolitical situation in West Asia and its impact on maritime logistics across the Gulf region, the Government has approved a time-bound and targeted intervention called RELIEF - Resilience & Logistics Intervention for Export Facilitation under the Export Promotion Mission (EPM). The intervention...