Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Thursday, June 12, 2014

Indian Ship Repair Industry
Photo: www.thegoa.net
Ship repair is an evergreen industry as all ships require periodic maintenance. India is strategically located in the Indian Ocean and hence, many ships from the nearby trade routes call on Indian ports. This means that there is a lot of potential for shiprepair industry in India. However, currently shiprepair for these is primarily undertaken in Dubai Dry docks, Singapore, Bahrain and Colombo dockyards.

Indian ship repair industry is moderately regulated, with the shiprepairs being carried out by SRUs (Ship Repair Units) which operate under licenses from DG Shipping. 

The license not only gives permission to carry out shiprepair but also gives some benefits in the form of custom tax exemptions.

Market Potential

The global ship repair market is estimated to be worth $ 10 to 12 billion, with Singapore hogging 20% share and India on the other hand, has only a share of about $100 million.

India is located strategically on the international trade route, it can attract ships plying from west to east in the trade route for its shiprepair activity. This represents increasing market potential for the shiprepair business, as ship owners prefer to repair their ships without deviating from their trade routes as much as possible. But due to lack of infrastructure and focus, the shiprepair industry is not able to reap the benefits. The shipyards involved in shiprepair such as Cochin Shipyard and Hindustan Shipyard have done well in the shiprepair business in the past.

Another reason for high repair potential is the age profile of Indian fleet. Almost half of the Indian flag fleet is older than 20 years. Older ships require more frequent and extensive shiprepair and maintenance. This translates into large opportunity for a Shiprepair yard in India.

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