JSW Plans to Enter Container Manufacturing, Targeting China-Dominance
PORTS & SHIPPING

JSW Plans to Enter Container Manufacturing, Targeting China-Dominance

India’s JSW Group, recognized as one of the largest conglomerates in the country, is considering entering the container manufacturing sector. Under the leadership of Sajjan Jindal, the company, which has substantial operations in steel, ports, energy, infrastructure, cement, automotive, and paints, has engaged consultants to evaluate the feasibility of entering an industry primarily dominated by China. This strategic initiative is in line with Prime Minister Narendra Modi’s Maritime India Vision 2030, which aims to enhance the country’s maritime infrastructure over the next decade.

Currently, Chinese manufacturers account for over 95% of the world’s dry cargo containers and nearly all refrigerated containers, a situation that has often been highlighted by regulators and officials in the US.

In the realm of global container innovation, Florida-based Compact Container Systems (CCS) has launched the SeaFold HC 40’, a versatile, foldable shipping container that serves five functions. Supporters of this innovation argue that since about 20% of all ISO containers return to ports empty, the SeaFold HC 40’ could lower repositioning costs by 56%, reduce storage space requirements by 80%, and cut carbon emissions by as much as 70%.

Charlie Santos-Buch, the chairman and CEO of CCS, stated that the capability to stack five of their folded containers within the footprint of a standard 40’ HC container transforms container management, enhances storage capacity, and significantly reduces carbon emissions.

India’s JSW Group, recognized as one of the largest conglomerates in the country, is considering entering the container manufacturing sector. Under the leadership of Sajjan Jindal, the company, which has substantial operations in steel, ports, energy, infrastructure, cement, automotive, and paints, has engaged consultants to evaluate the feasibility of entering an industry primarily dominated by China. This strategic initiative is in line with Prime Minister Narendra Modi’s Maritime India Vision 2030, which aims to enhance the country’s maritime infrastructure over the next decade. Currently, Chinese manufacturers account for over 95% of the world’s dry cargo containers and nearly all refrigerated containers, a situation that has often been highlighted by regulators and officials in the US. In the realm of global container innovation, Florida-based Compact Container Systems (CCS) has launched the SeaFold HC 40’, a versatile, foldable shipping container that serves five functions. Supporters of this innovation argue that since about 20% of all ISO containers return to ports empty, the SeaFold HC 40’ could lower repositioning costs by 56%, reduce storage space requirements by 80%, and cut carbon emissions by as much as 70%. Charlie Santos-Buch, the chairman and CEO of CCS, stated that the capability to stack five of their folded containers within the footprint of a standard 40’ HC container transforms container management, enhances storage capacity, and significantly reduces carbon emissions.

Next Story
Infrastructure Urban

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

Next Story
Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

Next Story
Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000