For enhancing the draft in ports or undertaking major dredging projects, India still relies on foreign dredging giants, a situation not likely to change unless the government comes out with a policy encouraging investment in the dredging industry. European dredging giants continue to make a clean sweep of all major Indian dredging projects, a market condition largely attributed to the lack of an environment conducive to encouraging Indian companies into large scale dredging. In short, there are no parallel “protectionist policies” in place like those that exists in several maritime countries. Big players in the India dredging market…