The Union Cabinet on Wednesday approved the container manufacturing promotion scheme with an outlay of Rs 10,000 crore (yaani Rs 100 billion), Information and Broadcasting Minister Ashwini Vaishnaw announced after the Cabinet meeting, PTI reported.

Source: PTI via Dailyworld

The scheme, first announced in the Union Budget 2026-27, is designed to create a globally competitive container manufacturing ecosystem in India, reduce dependence on imported containers and strengthen supply-chain resilience, according to the Press Information Bureau's overview of the framework.

Source: Press Information Bureau

Under the framework described by the Press Information Bureau, the support includes capital assistance for setting up new (greenfield) container manufacturing facilities and expanding existing (brownfield) plants, operational support to bridge the cost gap per container, and research, development, testing and skilling support.

The government has said the scheme envisages boosting annual manufacturing capacity by up to 10 times, to about 7.5 lakh TEUs (twenty-foot equivalent units). Shipping containers are the standard steel boxes that move most of India's export and import cargo by sea, rail and road, and India has historically relied heavily on imported — largely Chinese-made — containers.

Market coverage of the approval noted that domestic wagon and container makers such as Jupiter Wagons are positioned to benefit from the incentive framework as orders shift to Indian manufacturers. The detailed scheme guidelines and incentive disbursement schedule are expected to follow the Cabinet approval.

The approval was announced alongside other Cabinet decisions on Wednesday, including an allocation of Rs 7,395 crore for the PM Viksit Gram Swaraj Yojana, PTI reported.