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Ideas That Generate Results

According to our report, “Indian Cold Chain Industry Outlook 2022”, the Cold chain industry has witnessed growth in recent years on account of rising awareness on the need of cold chain storage and transportation facility. The increased production and low number of existing storage facility has resulted in an optimistic approach of the investors owing to the favourable investment environment in India. The growing interest of the investors, foreign and domestic, has propelled in the expansion of cold chain industry.
 
Perishables such as Fruits and Vegetables, Seafood, Meat and Poultry and Dairy Products play a crucial role in India’s trade. However, about 30-40% of all the perishables are wasted on a yearly basis due to existing infrastructure facility. The provision of cold chain infrastructure can assist in reducing the wastage of these products, thus serving all the potential customers. The huge gap in the capacity demanded and existing cold chain infrastructure in India emphasizes the potential investment for this sector.
 
Moreover, the investments are driven by 100% FDI in the cold chain industry along with various incentives on cold storage set up supporting destination companies in their expansion and facilitation to expand the footprints in the market. Such government initiatives and need to fulfil the cold chain industry requirement would continue to drive the cold chain industry in the country.
 
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