JSW Plans to Enter Container Manufacturing, Targeting China-Dominance

28 Oct 2024 CW Team

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.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..