Transport Finance Review – India

Mulla & Mulla & Craigie Blunt & Caroe | View firm profile

The transportation industry – aviation, shipping and rail – has been predominantly owned by government entities since India’s independence in 1947. Air India and Indian Airlines, both government-owned, rules the skies; the Shipping Corporation of India (SCI), established in 1961 and owned by the government, owns and operates around one-third of the Indian tonnage. All railway property is government-owned.

More from Mulla & Mulla & Craigie Blunt & Caroe