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Government to come up with Container Manufacturing Assistance Scheme
(13-Aug-2026, 16:33 Hours IST)  
The government has proposed a Rs 10,000 crore Container Manufacturing Assistance Scheme (CMAS) to boost domestic shipping container production, reduce import reliance, and improve India's trade and logistics. Announced in the Union Budget 2026-27, the scheme will span five years with a total outlay of Rs 10,000 crore, providing financial and institutional support for new manufacturing facilities and expanding current ones. It aims to develop a competitive container manufacturing ecosystem and increase India’s annual production capacity to about 7.5 lakh Twenty-foot Equivalent Units (TEUs). The scheme will also offer capital support for new Greenfield facilities, assist in Brownfield expansions, and enhance domestic manufacturers' competitiveness, along with support for testing, skilling, and capacity building.
Friday, August 14, 2026 02:12:00 PM
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