Container Policy Targets 7.9 Lakh TEU Capacity

The Container Manufacturing Promotion Scheme aims to raise India’s annual container manufacturing capacity nearly tenfold to 7.9 lakh TEUs.

The policy seeks to create a strong domestic ecosystem for manufacturing shipping containers. It is intended to reduce dependence on imported containers and improve the resilience of India’s export-import supply chains. The proposed expansion in capacity will support ports, shipping lines, logistics companies and manufacturing units. TEU, or twenty-foot equivalent unit, is the standard measurement used for container capacity.