A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. This system facilitates long distance transport of various products as well as makes seasonal products available over the entire year. Fruits, vegetables and many other commodities can be preserved by storage at low temperature, which retards the activities of microorganisms.
Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry. Cold storage market in India is expected to be worth US$ 8.57 billion by 2020. The cold storage market in India is highly fragmented with more than 3500 players in the unorganized sector and around 30 players in the organized sector. India currently has 6156 cold storage facilities across various states with total capacity of 28.68 MMT which is insufficient. As a whole there is a good scope for new entrepreneur to invest in this business.
%PDF-1.4 % 2 0 obj <>stream x{TT]X)>@`3"Xh}TIZ cLqc0' V1Ǧ 6jæMQ*`ϭ-QDw^,*:~s{ RH+,ܳtZw.$2Zxԯ\H5yUA۵\Hmq)Mobm`y!yW^JlB