Comments
of Mr. Sanjay Mehta, Managing Director, Essar Shipping
Limited
February 03, 2004
"Consideration of tonnage
tax for Indian shipping industry is a welcome and a forward
step taken by the Government of India to make Indian shipping
companies internationally competitive. Implementation of
this, will attract more investments in the Indian shipping
industry" Mr Sanjay Mehta, Managing Director, Essar
Shipping on the Union Interm Budget Proposal for shipping
industry.
For more information on
Essar Shipping Limited contact:
Essar Group
Corporate Communications corporatecommunications@essar.com
Tel : 91-22- 2495-0606 / 6660-1100