Why Is India Making Its Own Containers?

$1.1bn in government support. But China still dominates.

China makes almost all the world’s shipping containers.

India wants to change that.

Its government has approved a $1.1bn plan.

The goal is to increase production tenfold.

But building factories does not guarantee buyers.

And one global carrier has already taken the first step.

For carriers, this could change equipment costs and sourcing.

So can India become a real alternative to China?

Here are 5️⃣ signals behind it:

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1️⃣ India Is Investing $1.1bn