The Union Cabinet has approved the Container Manufacturing Promotion Scheme (CMPS) with a budgetary outlay of ₹10,000 crore up to FY 2039-40.
The scheme was announced in the Union Budget 2026-27. It aims to establish a container manufacturing ecosystem in India, reduce import dependence and strengthen supply-chain resilience.
It is intended to support new manufacturing facilities as well as expansion of existing container manufacturing units.
Interest Subvention Assistance (ISA) has a financial outlay of ₹859 crore. It provides interest subvention of 3% per annum on eligible term loans.
The loans are for container manufacturers setting up greenfield facilities or expanding existing capacity at brownfield units.
Container Manufacturing Promotion Scheme: ₹8,891 crore for operational expenditure assistance
- Operational Expenditure Assistance (OEA) has a financial outlay of ₹8,891 crore. It covers containers manufactured to global shipping standards and sold by eligible manufacturers.
The assistance would help bridge the cost gap for domestically manufactured containers.
- Testing and certification assistance has an outlay of ₹150 crore. It supports common facilities such as dynamic longitudinal impact testing.
Impact under the Container Manufacturing Promotion Scheme:
- Annual domestic container manufacturing capacity increasing around ten-fold, up to 7.5 lakh TEUs.
It also estimates 3,000 direct jobs and over 50,000 indirect jobs, supporting ancillary industries such as corner castings, specialised steel, wooden frames and paints.
Also Read: Guidelines For Shipbuilding Assistance Announced As Govt Commits ₹44,700 Crore To Maritime Growth
