October 28, 2026 4:22 PM
Cabinet approves Rs 10,000-crore scheme to boost container manufacturing
The Union Cabinet on Wednesday approved the Container Manufacturing Promotion Scheme with a budgetary outlay of ₹10,000 crore up to 2039-40. The scheme aims to expand domestic production, reduce import dependence and strengthen maritime and logistics supply chains. Chaired by Prime Minister Narendra Modi, the Cabinet cleared the scheme to support new manufacturing facilities and the expansion of existing units. The initiative was announced in the Union Budget 2026–27. The scheme aims to in...