PrelimsEconomy & Banking
India Unveils First Made-in-India EXIM Shipping Container
EXIM TradeContainer ManufacturingDCM Shriram
### Why in News?
- Union Minister **Sarbananda Sonowal** unveiled the first **Made-in-India EXIM shipping container** for global shipping company **Maersk** at Dadri, Uttar Pradesh.
### Key Details
- The container was manufactured in India by **DCM Shriram Group**.
- Maersk placed an order for **1,000 additional containers**, signalling commercial adoption of domestic production.
- The **Container Manufacturing Promotion Scheme (CMPS)** aims to expand India’s annual container-manufacturing capacity and reduce dependence on imported containers.
### Exam Connect
- **EXIM** → Export-import trade.
- **TEU** → Twenty-foot Equivalent Unit, the standard measure used for container capacity.