India Plans to Manufacture Containers in Bhavnagar
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India Plans to Manufacture Containers in Bhavnagar

PTI reported that Union Minister of State for Ports, Shipping and Waterways Mr Mansukh Mandaviya said that eyeing indigenous production of containers amid

PTI reported that Union Minister of State for Ports, Shipping and Waterways Mr Mansukh Mandaviya said that eyeing indigenous production of containers amid a global surge in demand, Indian government is looking to develop Bhavnagar in Gujarat as a container hub and has set up pilot projects for its manufacturing. Mr Mandaviya told PTI "India requires about 350,000 containers every year. There is no container production in India and we have to depend mainly on China which is a global producer. Now we want to develop Bhavnagar in Gujarat as a container hub and we have selected 10 places there for its production on a pilot basis. The pilot project has been successful.”

The minister said "We have formed a committee to look into the finer details like standardisation, certification etc. The committee comprises experts from Ministry of Shipping, Indian Register of Shipping, IITs etc.”

He added "We expect private players to invest about INR 1,000 crore in this space. We also expect creation of one lakh local jobs.”

The move assumes significance amid reports of global shortages of containers with Indian containerised trade taking a hit owing to the staggered supply and demand shocks across geographies as per logistic majors.

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