The nascent strides made in container manufacturing within India underscore the transformative power of the ‘Make in India’ campaign. Econship’s recent procurement of new build containers and the emergence of SYMCON® as a pioneer in ISO freight container production are indicative of a promising future for the country’s manufacturing industry.
Bolstering the ‘Make in India’ campaign, Econship, a leading player in the shipping & NVOCC sector, has recently procured its first batch of new build, ‘Made in India’ containers. This significant development not only promotes the government’s ambitious initiative but also serves as a litmus test for the quality of manufacturing within the country.
Econship procured these containers from Ahmedabad-based SYMCON®, a pioneer in ISO freight container production in India. This procurement signals a promising future for mass manufacturing of containers in India.
For far too long, China had enjoyed an almost complete monopoly in this industry due to the various barriers faced by countries like India, such as high taxes, expensive imports, and bureaucratic hurdles. However, recent reforms and the government’s unwavering support have emboldened Indian entrepreneurs to take the leap and establish container manufacturing facilities in the country.
The ‘Make in India’ initiative has become a catalyst for change, fostering a supportive environment for container manufacturing entrepreneurs. The government’s commitment to the cause has instilled the necessary confidence in businesses to invest in this sector, despite the lingering uncertainties. With the government’s backing, entrepreneurs are taking calculated risks, recognizing the potential for growth and the positive impact their ventures can have on the economy. By encouraging more reforms and relaxations, both at the state and central levels, the government can further incentivise investment and unleash a wave of job creation.
The nascent strides made in container manufacturing within India underscore the transformative power of the ‘Make in India’ campaign. Econship’s recent procurement of new build containers and the emergence of SYMCON® as a pioneer in ISO freight container production are indicative of a promising future for the country’s manufacturing industry.
