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The Economic Times

National / The Economic Times

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Cabinet likely to take up Rs 10,000 crore container manufacturing scheme

The Union Cabinet is preparing to approve the Container Manufacturing Assistance Scheme to enhance domestic shipping container production. This initiative aims to reduce India's reliance on container imports while bolstering the local manufacturing ecosystem. The scheme is expected to create 3,000 direct jobs and over 50,000 indirect jobs in related industries. Additionally, the government aims to establish a competitive industry capable of meeting national shipping demands.

28 Oct 2026 11:56 am