Gujarat’s ₹10,000 Cr Leap into Global Shipping Logistics

Gujarat is poised to emerge as a key container manufacturing hub following the Union Cabinet’s approval of the ₹10,000 crore Container Manufacturing Promotion Scheme (CMPS). Announced in the FY 2026-27 Union Budget, the scheme will run from the next financial year until 2039-40, offering setup subsidies alongside production-linked incentives (PLI) over the next decade.

Designed to build a globally competitive ecosystem and curb import dependence, CMPS aims to scale India’s annual capacity from ~70,000 TEUs to 7.5 lakh TEUs. Key regions in Gujarat—including Bhavnagar, Rajkot, and Kutch—are primed to lead this expansion, driving industrial investment and strengthening the country's EXIM logistics.

News by Rahul Yelligetti.