Container Manufacturing Assistance Scheme:
The Government has proposed a ₹10,000 crore Container Manufacturing Assistance Scheme (CMAS) to strengthen domestic production of shipping containers.
- Container Manufacturing Assistance Scheme is a targeted initiative to establish a competitive domestic container manufacturing industry through financial and institutional support.
- It supports establishment of new manufacturing facilities and expansion of existing units.
- It also aims to enhance manufacturing capacity to meet India’s growing demand for shipping containers.
- The initiative targets an annual domestic manufacturing capacity of around 10 times the existing container production capacity upto 7.5 lakh Twenty-foot Equivalent Units (TEUs).
- Financial Outlay: ₹10,000 crore over five years.
- To strengthen the container manufacturing value chain, the scheme provides:
- Capital assistance for establishing new Greenfield manufacturing facilities.
- Support for expansion of existing Brownfield manufacturing units.
- Operational support to improve the competitiveness of domestic container manufacturing.
- Support for testing infrastructure, skilling initiatives and capacity building.
- CMAS complements the Government’s initiatives under Make in India, Maritime Amrit Kaal Vision 2047, PM Gati Shakti, the National Logistics Policy and the Sagarmala Programme.
