CLAVE 1 / 4India’s cabinet has approved a INR100bn ($1.05bn) programme to expand domestic container manufacturing.
CLAVE 2 / 4The scheme targets a tenfold increase in annual capacity, from 70,000 teu to 750,000 teu by 2039-40.
CLAVE 3 / 4Chinese manufacturers currently control 95% of global dry-freight container production and virtually the entire refrigerated-box market.
CLAVE 4 / 4New factories must have a minimum annual capacity of 100,000 teu to qualify for financing support.
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