AP Moller-Maersk has placed an order for 1,000 shipping containers with Indian manufacturer DCM Shriram Group, marking a notable expansion of sourcing from India's industrial base.
Union Minister Sarbananda Sonowal unveiled the first unit from the order on Friday, highlighting the strategic importance of domestic manufacturing in the global logistics supply chain.
The procurement aligns with Maersk's broader strategy to secure equipment capacity in response to strong booking volumes and rate stability across key trade lanes.
The Danish shipping giant recently raised its full-year profit estimates, citing robust demand in the container segment.
This order reinforces the company's commitment to diversifying its supplier base while capitalizing on India's competitive manufacturing capabilities.
The deal also reflects wider trends in the shipping industry, where major players are increasingly looking to India for cost-effective and scalable production.