Agriculture Storage and Warehousing with Cold Storage

Description:

Agriculture Storage and Warehousing with Cold Storage- India Set to see Rs. 45,000 Crores Investments in Warehousing by 2020

A warehouse describes a facility serving the purpose of storing goods. In ecommerce, warehouses are mainly used to keep items on stock to make sure the short delivery times needed can be fulfilled. Agriculture, which is the backbone of Indian economy contributes to the overall economic growth of the country and determines the standard of life for more than 50% of the Indian population. India holds the second largest agricultural land in the world with approximately 179.9 million hectares under cultivation. The country has emerged as a major player in agriculture in the global scenario.

Warehousing refers to the activities involving storage of goods on a large-scale in a systematic and orderly manner and making them available conveniently when needed. In other words, warehousing means holding or preserving goods in huge quantities from the time of their purchase or production till their actual use or sale. The agricultural warehousing and food processing industries contribute significantly to warehousing.

Warehousing plays a very vital role in promoting agriculture marketing, rural banking and financing and ensuring Food Security in the county. It enables the markets to ease the pressure during harvest season and to maintain uninterrupted supply of agricultural commodities during off season. Hence, it solves the problems of glut and scarcity, which are the usual problems in agricultural marketing. Though warehousing is an independent economic activity, yet is closely linked with production, consumption and trade. Warehousing is now seen as an integral part of the supply chain where goods are not only stored for safekeeping, but also where other value processes are implemented, thereby minimizing wastage and costs. 

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