Gujarat's Bhavnagar has been chosen for the study to be conducted by the
Port and Shipping Ministry on the feasibility to manufacture containers used to
transport goods through ships.
The study comes in
the wake of chronic shortage of containers
The study comes in the wake of chronic shortage of containers faced by the
Indian exporters due to sharp fall in imports and regulation of exim trade with
China following the country's border incursions in Ladakh. The central
government is looking at manufacturing containers in a big way while developing
a shipping line under the Atmanirbhar Bharat program.
The Ministry of Ports, Shipping and Waterways has already set up a
committee to study the feasibility of manufacturing containers at Bhavnagar in
Until now most of
the exporters relied on Chinese containers
Until now, majority of the exporters in India have been relying primarily
on Chinese containers. But with geopolitical contours changing rapidly,
shortage of containers has hit exporters, who have had bear the additional
burden of freight cost hike. India has reduced its imports from China amid
rising political tension.
“We need to address the issue of containers at the earliest especially as
we focus on boosting exports on one hand and reducing imports on the other,”
Ajay Sahai, director general, Federation of Indian Export Organisation.