Container Manufacturing Assistance Scheme – CMAS
UPSC Reference Category: Economy
Why in News?
The Container Manufacturing Assistance Scheme (CMAS) was announced in Union Budget 2026–27.
Key Facts
Proposed outlay: ₹10,000 crore
Duration: 5 years
Objective: develop India's domestic container manufacturing ecosystem.
Target capacity: up to 7.5 lakh TEUs annually.
It aims to increase India's container manufacturing capacity substantially.
Supports:
Greenfield manufacturing
Expansion of existing units
Technology development
Container ecosystem
Why Important?
India's dependence on imported containers creates vulnerabilities in:
Logistics
Supply chains
International trade
Key Pointer
CMAS → ₹10,000 crore → 5 years → 7.5 lakh TEUs → Domestic containers
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