India Signs Agreement to Establish Bharat Container Shipping Line

The government recently announced that it has signed an agreement to set up the Bharat Container Shipping Line (BCSL), a move aimed at building an integrated container ecosystem in the country.

In a statement, the government said the pact aligns with the spirit of the ₹10,000-crore Container Manufacturing Assistance Scheme (CMAS) to be implemented over the next five years, as announced in the Union Budget 2026–27.

The CMAS seeks to create a globally competitive container manufacturing ecosystem in India and support the rapid expansion of containerised cargo, which accounts for nearly two-thirds of the total value of international trade.