Container Manufacturing Industry: India’s container-manufacturing industry is ready to set sail. Can it take on bigger Chinese rivals?

The 5,000,000th shipping container rolls off the production line at a factory of Dong Fang International Container (Qidong) Co. Ltd. on June 2, 2021 in Jiangsu Province of China.

Synopsis

India is taking baby steps in shipping-container manufacturing. But making containers may be the easiest part, as finding buyers for them will be a tall order, considering the huge difference in prices of Chinese and Indian containers. To achieve economies of scale like their Chinese counterparts, Indian companies should target the global market.

Every crisis is like a coin. On one side are problems, while the other has opportunities. The acute shortage in shipping containers is one such coin for India. While the two-year-long demand-supply mismatch in shipping containers seems to be easing in the US West Coast, the situation is likely to deteriorate in the coming months as hundreds of vessels are stuck in Shanghai, which is under lockdown. The ripple effect of this will hit India over

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10 mins read, Last Updated:

May 20, 2022, 07:15 AM IST

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