Boxing the Future: India’s ₹10,000 Crore Container Revolution

The Union Cabinet has approved the ₹10,000 crore Container Manufacturing Assistance Scheme (CMAS) to establish a competitive, domestic shipping container manufacturing ecosystem. Announced in the Union Budget 2026–27, the 13-year program (running through FY 2039–40) comprises four components, including land leasing support and OPEX assistance. The scheme is designed to attract private investment, expand production facilities, develop testing infrastructure, and upskill the workforce across the value chain.

News by Rahul Yelligetti.