India, Oct. 28 -- The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the Container Manufacturing Promotion Scheme (CMPS) with budgetary outlay of Rs.10,000 crore upto FY 2039-40 envisages to establish a globally competitive container manufacturing ecosystem in India, reduce import dependence and strengthen supply-chain resilience. The scheme is intended to support new manufacturing facilities as well as expansion of existing container manufacturing units.
The Scheme for Container Manufacturing was announced in the Union Budget 2026-27.
The scheme has the following major components:
Overall Impact envisaged:
Published by HT Digital Content Services with permission from India Education Diary....