India’s Rs 10,000 crore nudge to build container capacity & counter China

The Union Cabinet has approved a Rs 10,000-crore shipping container manufacturing scheme, with the idea to increase India’s container building capacity 10 times from the current 70,000-odd. In episode 1928 of #CutTheClutter, ThePrint Editor-in-Chief Shekhar Gupta explains why this humble steel box is essential to global trade and India’s economic ambitions. With China controlling over 90% of the global container market, the episode also looks at the strategic risks of this dependence and India’s efforts to build domestic capacity and strengthen supply-chain resilience. It talks of the specialised steel & precision engineering required to build containers, & the incentives being offered to manufacturers. --------------------------------------------------------------------------------------------- ‪@ASUSIndia.official‬ #ASUSExpertbook Checkout the ASUS Expertbook series: https://www.flipkart.com/asus-expertb... --------------------------------------------------------------------------------------------- Exclusive content, special privileges & more – Subscribe to ThePrint for Special benefits: https://tinyurl.com/4ymm9wh5 --------------------------------------------------------------------------------------------- Connect with ThePrint » Subscribe to ThePrint: https://tinyurl.com/4ymm9wh5 » Subscribe to our YouTube Channel: https://bit.ly/3nCMpht » Like us on Facebook:   / theprintindia   » Tweet us on Twitter:   / theprintindia   » Follow us on Instagram:   / theprintindia   » Find us on LinkedIn :   / theprint   » Subscribe to ThePrint on Telegram: https://t.me/ThePrintIndia » Find us on Spotify: https://spoti.fi/2NMVlnB » Find us on Apple Podcasts: https://apple.co/3pEOta8