The government is likely to call for bids in the sell-off of Shipping Corp of India (SCI) in the first quarter of next year.

This would represent another delay in the long process that began in December 2020, as the Indian government tries to complete the transfer of non-core assets from the state shipowner.

A government official told the PTI news agency: “The demerger of non-core and land assets … is at an advanced stage.