'Containing' China: Snub To Hostile Neighbour As PSUs, Brait

'Containing' China: Snub To Hostile Neighbour As PSUs, Braithwaite And BHEL, To Now Manufacture Containers, To Boost Make-In-India


'Containing' China: Snub To Hostile Neighbour As PSUs, Braithwaite And BHEL, To Now Manufacture Containers, To Boost Make-In-India
by Arun Kumar Das - Dec 26, 2020 05:00 AM
Representative image. (Wikipedia/Container Port)
Snapshot
It cost about Rs 2.59 lakh per container from China, while Indian companies are ready to make it for the same price.
In another jolt to China, India would gradually discontinue the practice of procurement of containers from the neighbouring country and instead Indian companies — Braithwaite and BHEL — would now manufacture these goods carriers, giving a boost to Make-in-India and Atmanirbhar Bharat initiatives.
Till now the Container Corporation (Concor), a railways subsidiary, was importing about 10,000 containers in a year from China catering to the requirement of the rail sector in the country as there was no Indian player involved in manufacturing it.

Related Keywords

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