CutTheClutter: 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…
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