Q. With reference to the Container Manufacturing Assistance Scheme (CMAS), consider the following statements:
1.The scheme was announced in the Union Budget 2026–27 with an outlay of ₹10,000 crore over five years to establish a globally competitive container manufacturing ecosystem in India.
2.The scheme is primarily aimed at subsidising the purchase of imported containers by Indian exporters and importers.
3.The initiative targets an annual domestic manufacturing capacity of around 10 times the existing container production capacity.
Which of the statements given above is/are correct?
Explanation: 1 and 3 only
Statement 1 is correct: The Container Manufacturing Assistance Scheme (CMAS) was announced in Union Budget 2026–27, with ₹10,000 crore over five years, to develop a globally competitive domestic container manufacturing ecosystem.
Statement 2 is incorrect: CMAS is focused on developing domestic container manufacturing capacity, not subsidising the purchase of imported containers.
Statement 3 is correct: The initiative targets an annual domestic manufacturing capacity of around 10 times the existing container production capacity upto 7.5 lakh Twenty-foot Equivalent Units (TEUs). It is expected to generate a market opportunity of nearly ₹80000 lakh crore while positioning India as a reliable producer of internationally competitive shipping containers.
Source: PIB
