Hike will push up cost of transporting goods between India and Europe
Kailash Rajwadkar
MUMBAI, MAY 23: Container shipment rates between India and Europe are likely to go up by $150 per 20 feet container - an increase of almost 13% over the current rate of $1,150 per container. The hike in rates assumes significance since the value of cargo carried on this sector is of the order of Rs 1,00,000 crore. The India-Europe trade is estimated at 5 lakh containers
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