How is Indian cold storage business?

The Cold storage business is a capital-intensive business. You must have an investment capacity of about 3 to 4 crores for commencing this business. Generally, you can set up this Cold storage business with financial help from banks. Also, check if there is any subsidy or Govt.

Who owns cold Storage in India?

Overall average capacity utilization in cold storage is 75\%- showing sustainability of the cold chain business in India. 92\% of cold storages in India are owned and operated by private sector.

Which is the biggest cold storage in India?

Coldman
Coldman is India’s top cold storage company in India. Coldman has evolved as one of the largest and most trusted brands in the country offering one-stop shop solution to all your temperature controlled supply chain requirements across India.

Is cold storage is profitable?

Cold storage is a highly profitable business, in both developing and developed countries. There is good demand for two types of cold storage as per the storage facility. However, multi-purpose cold storage will have good returns and profitability overall.

What is multipurpose cold storage?

Multipurpose Cold Stores – These are designed for storage of variety of commodities which operate, practically, round the year. The products stored in these types of cold stores are fruits, vegetables, dry fruits, spices, pulses, and milk products. These units have been mainly located near the consuming centres.

Can onion be stored in cold storage?

Onions can be stored in cold storage up to ten months without deterioration. Ventilation is vital in onion storage. After storing, onions are not transported straight from the cold storage before they are put on the market, but heated in temperature-controlled conditions in order to prevent condensation.

How many cold storage facilities are there in India?

Currently, India has 6,300 cold storage facilities unevenly spread across the country, with an installed capacity of 30.11 million metric tonne. These are mostly used for storing potatoes.

What is India’s cold chain industry?

India’s cold chain sector is a combination of surface storage and refrigerated transport. The industry has been growing at a CAGR of 20 percent for the last three years. The cold chain market in India was anticipated to reach Rs 624 billion ($13 billion) by 2018, according to 2014 estimates.

How much does India waste due to lack of post-harvest storage?

Every year, India wastes about 18 due to lack of post-harvest storage facilities. The cold storage sector has been one of the most undermined sectors in India, devoid of investment, in spite of various government policies and subsidies. wrong with the policies and what needs to be done to develop a country.

What is the importance of cold storage industry?

Cold storage industry is a very important and essential industry. The temperature is maintained low with the help of precision instruments. Cold storage is used to preserve fruits and vegetables. Once they are kept in the cold storage, they do not get spoiled even after many months.