India Sets Sail: Transforming National Container Shipping

The Indian government has signed an agreement to establish the Bharat Container Shipping Line, enhancing India's container manufacturing ecosystem. This initiative aligns with the Container Manufacturing Assistance Scheme and aims to boost domestic production to one million TEUs annually, while also supporting port capacity expansion under the Sagarmala Programme.

The Indian government has taken a significant step in transforming its maritime landscape by signing an agreement to establish the Bharat Container Shipping Line (BCSL). This initiative, announced on Tuesday, aims to create a comprehensive container ecosystem in the nation.

The BCSL formation aligns with the Rs 10,000-crore Container Manufacturing Assistance Scheme (CMAS) set forth in the Union Budget 2026-27. By focusing on enhancing containerised cargo capabilities, the government plans to make India a key player in international trade.

Minister for Ports, Shipping and Waterways Sarbananda Sonowal, alongside his counterpart from Railways, I&B, and Electronics, Ashwini Vaishnaw, underscored the strategy to develop a robust shipping framework linked to rail and ports. As part of this expansion, a connected MoU will see VO Chidambaranar Port Authority, IRFC, and SMFCL finance projects worth Rs 15,000 crore under the Sagarmala and PM Gati Shakti programmes.

(With inputs from agencies.)