Due to adverse market condition faced by the Shipping industry and Leasing companies worldwide, the demand for newly manufactured containers has not picked up. For maximum utilisation of their existing inventory, the Shipping companies and the Leasing companies are getting the old containers repaired as well as repositioning their empty containers accumulated in low demand ports to better demand ports.
Currently China has become the only manufacturer and supplier of these containers due to very low prices. Thus the Company is not in a position to re-commence the manufacturing of ISO Marine Freight Cargo Containers and this Industry will continue to remain unviable in India till the trend improves.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.