Will meet its need for containers from domestic manufacturers: Concor ...Middle East

Economy by : (Business Standard) -
The Container Corporation of India on Friday said it will meet its annual need for around 8,000 containers from domestic manufacturers and no longer depend on China for its requirement. Commerce and Industry Minister Piyush Goyal on Friday called on the industry to "seriously explore" the possibility of containers being manufactured in India "given its chronic shortage for exports". The Container Corporation of India (Concor), which spends about Rs 200 crore annually on procurement of containers, has already given a developmental order for 1,000 containers each to public sector undertakings Bharat Heavy Electricals (BHEL) and Braithwaite & Co. Concor will soon issue tenders for the remaining

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