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  • Writer's pictureLovejeet Singh

IFSCA issues ‘Framework for Ship Lease’

International Finances Services Centre Authority ("IFSCA") has issued a framework enabling ship leasing from Gujarat International Fin-Tec city ("GIFT"), India's First International Financial Services Centre ("IFSC") after successful implementation of aircraft leasing framework.

A welcome move for the growth of Indian shipping industry. With the increase in ship building and export of ships manufactured in India, implementation of a leasing framework will definitely boost the industry.

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