India sets aside $1.2bn to ramp container production

India has moved from talking about ships and ports to attacking the metal boxes that keep trade flowing. Finance minister Nirmala Sitharaman’s budget pledge contains a ₹10,000 crore ($1.2bn), five‑year scheme to build a domestic container manufacturing ecosystem. India’s current annual container output is roughly 30,000 units; China’s capacity runs to in excess of 5m.  …