Container leasing companies in India have grown along with the country’s economy, and it’s easy to see why. As the country’s economy continues to expand, the demand for reliable and effective container logistics solutions has skyrocketed. Know the top 10 container leasing companies taking India by storm, as well as what you can expect to pay for your box.
Container leasing companies in India have gained immense popularity in recent years due to the significant growth of the Indian logistics industry. However, competition is fierce in this market, so companies are always looking for ways to stand out from the rest.
For instance, some container leasing companies in India use blockchain technology to track and manage container movements. This can significantly reduce operational costs and increase transparency. Additionally, many companies have developed online platforms that allow customers to book containers, track their shipments, and receive real-time updates on container movements.
If you’re looking for container leasing companies in India, you can continue to read the blog as we have curated a list of the top 10 leasing companies in India and know more about them to make better decisions before saying yes to a deal.
But if you’re already aware of these companies and looking to lease containers in India then try our public search feature below, browse available containers and source them from reliable suppliers in the country in a hassle-free way.
It’s simple – choose your desired pick up and drop off location, hit search, and find your box in no time at all.
20 search results found in total. Interested or found the unit you need? Request more details about your deal for your company via email. No commitment.
Container leasing business in India: Market overview
One of the main reasons for the oversupply of containers is the market disruptions that have caused freight rates to drop in 2023. In India, container prices have dropped by 39% from US $3288 in March 2022 to US $2088 in March 2023. This trend may continue, but it won’t cause a massive drop because of the ongoing disruptions in the supply chain.
The Indian Ports Association (IPA) reported that cargo traffic in the country’s primary ports have seen an 11.79% increase in February 2023. The Jawaharlal Nehru Port Authority (JNPA) and Mumbai Port experienced significant increases in cargo traffic, rising by 18.21% and 11.85%
Indian government expects port restrictions
The Indian government has made plans to boost exports while also expecting to implement import restrictions. However, it’s vital to have a healthy balance between the two. This will cause better integration into global supply chains.
The container availability index (CAx) data on Container xChange shows that the Nhava Sheva, Mundra, and Chennai ports have increased in the number of inbound boxes in 2023 compared to the previous year. This is due to a drop in demand. As a result, the CAx value has increased, with a steady value of 0.81 since the beginning of 2023.
There has definitely been a surge in inbound containers at Indian ports and has led to a pile-up of containers. As a result, they face a great amount of congestion.
|Did you know? The CAx value measures the balance of outbound and inbound container traffic at ports. A CAx value of 0.5 means an equal number of containers leaving and entering the port weekly. If the CAx value surpasses 0.5, it’ll show an excess of containers. This results in congestion and operational challenges. However, a value below 0.5 means a shortage of containers, and this causes delays in outbound shipments.
If this has piqued your interest, then you’ll like to go over Container xChange Insights. With this innovative feature, you can check container availability in all major ports worldwide! You can also get actual container prices and leasing terms in up to 180 locations. Start leveraging container market Insights and make informed decisions for you and your business. Try xChange Insights for free today!
Top container leasing companies in India
India is slowly becoming a major key player within the container logistics industry, especially when it comes to leasing. Below is a list of 10 container leasing companies taking India by storm:
Arcon was founded in 2014 and established in 2020. They’re now a proud member of the Saksham Group who are known for dealing with global container supply. They have a diverse fleet from standard dry van containers to special boxes such as open tops, flat-racks and ISO tanks. You can lease containers from Arcon Containers easily on Container xChange.
Shipping Company of India
SCI or Shipping Company of India began with merely 19 vessels and slowly worked their way to becoming one of the largest Indian shipping companies today. They have significant holdings in several parts of the industry. Their fleet is made up of bulk carriers, crude oil tankers, product tankers, container vessels and more! SCI have grown their name over 60 years and now hold a high ranking within the world of logistics. Lease containers from SCI that you need at competitive rates at your fingertips.
Trident Container B.V.
Trident Container leases and sells a variety of shipping containers to international shipping lines and logistics providers in Europe and Asia, including popular standard containers, as well as special dry freight units such as reefer containers, flat rack containers, open top containers, and pallet wide containers. Trident Container has a strong presence in India and has grown its name within this region respectfully. Click here to check out the leasing offers by Trident Container.
Textainer Group Holdings
Textainer Group Holdings Ltd. is a global container leasing company specializing in the leasing and management of intermodal containers. With offices and operations in North America, Europe, Asia, and Africa, Textainer serves a diverse customer base in industries such as automotive, consumer goods, food and beverage, and chemicals. They serve around 200 global customers, with 4.5 million twenty-foot equivalent units (TEU) in its owned and controlled fleet. This includes all of the world’s largest shipping lines, with regular dry freight, specialized, and refrigerated containers. Check out the top leasing deals on containers you need by Textainer today!
Nerida Shipping Pvt Ltd
Nerida Shipping Pvt Ltd is a shipping company based in India, engaged in providing shipping services for various types of cargo, including dry and liquid bulk, breakbulk, and project cargo. The company offers a range of shipping solutions, including vessel chartering, freight forwarding, and cargo management services. You can get the best container leasing deals from Nerida Shipping on Container xChange.
Seaport Lines (India) Private Limited
Seaport Lines (India) Private Limited is a shipping company based in India, specializing in containerized shipping services. The company provides a wide range of container transportation solutions, including ocean freight forwarding, custom clearance, and cargo handling services. Seaport Lines (India) Pvt Ltd focuses on serving customers in the Indian subcontinent and the Middle East region. Browse through the latest leasing deals by Seaport Lines (India) Pvt Ltd.
Lancer Container Lines Ltd
Lancer Container Lines Ltd is a shipping company based in India, offering containerized shipping services globally. The company specializes in providing container transportation solutions for various types of cargo, including standard and special containers. Lancer Container Lines offers end-to-end logistics services, including cargo booking, container tracking, and documentation services. Check out the best leasing deals by Lancer Container Lines Ltd that fits your budget.
VS&B Containers LLC
VS&B Containers LLC is a shipping company based in India, engaged in providing containerized shipping services. The company offers a range of container transportation solutions, including ocean freight forwarding, custom clearance, and cargo handling services. VS&B Containers focuses on serving customers in India and other international markets. You can get the latest leasing deals by VS&B Containers right here.
Average container pickup charges in India
Now that you’re up to speed on container leasing business in India, let’s get into what the average pickup charges look like in India. Here you’ll get the average pickup charge for 20ft and 40ft HC dry containers:
|Shanghai – Mundra
|Shanghai – Nhava Sheva
|Ningbo – Mundra
|Ningbo – Nhava Sheva
Note: All the rates you see are based on the transactions made on the xChange platform and are subject to changes.
Lease containers from India on Container xChange
The process of leasing containers in the location of your choice might seem challenging, but with Container xChange, you’ll find a much easier way to manage and meet your container needs. Our platform provides a hassle-free solution to lease containers from over 1500 members in 2500+ locations. This gives you access to a vast network of trusted container providers across the country. Whether you need a container for shipping, storage, or any other purpose, we’ve got you covered.
With Container xChange, you can easily find the perfect container for your needs and within budget, without wasting time on negotiations and paperwork. Our user-friendly platform allows you to compare and book containers online, so you save time, effort, and money.
We have solid partnerships with some of the best container leasing companies in India such as VS & B Containers pvt ltd, Arcon container, Trident Container B.V., and more, who are ready to lease containers where you need them. You can view the company profiles and peer reviews before doing business with them – 100% transparency as simple as that!
Our team of experts are always available to assist you with any questions or concerns you may have, ensuring a seamless leasing experience from start to finish.
So, why settle for the old and complicated way of container leasing in India when you can simplify the process with Container xChange? Take a closer look at the platform in action and start leasing containers by clicking on the banner below!
Container leasing companies in India: Common FAQs
What is container leasing?
Container leasing refers to the practice of renting or leasing shipping containers to individuals or businesses for the purpose of transporting goods across different modes of transportation, such as ships, trucks, and trains.
Who is the biggest manufacturer of containers in India?
One of the largest manufacturers of containers in India is the Container Corporation of India Limited (CONCOR).
How can I lease containers from India?
Leasing containers from India involves careful consideration of various factors, including the type of containers needed, lease terms, logistics arrangements, and compliance with local laws and regulations.