The Indian government has set an ambitious goal to increase sea cruise tourism in the country, targeting one million tourists by 2029 under the Cruise Bharat Mission. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, disclosed to Parliament that six main ports in India are currently equipped with cruise terminals.
In an official response given to parliament last Friday, Minister Sonowal highlighted policy changes, including the introduction of a presumptive taxation regime tailored for foreign non-resident entities operating cruise ships. This regime applies to significant cruise ports such as Vishakhapatnam, Mormugao, New Mangalore, Cochin, Mumbai, and Chennai.
Moreover, a statement from the Ministry of Ports,…
