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India Finance Tankers and Gas

Bidders persist with Shipping Corporation of India’s protracted privatisation

Days after the process was put on ice by the government, Indian Metals and mining magnate Anil Agarwal has joined the fray backed by sovereign wealth funds

  • Analysis

The Indian government has yet again delayed the privatisation of state shipping giant SCI amid reports that the bidding process has been riddled with bureaucratic blockers and an ever-growing list of restrictions on the sale of the ageing fleet. And yet bidders eagerly await the opportunity to buy into the opportunity of Indian growth

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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