The Indian cold chain industry - An overview. YES Bank - Dutch Embassy collaborative study.

Author(s) : VERHEY W., PURI N.

Type of article: Periodical article

Summary

India has seen a phenomenal growth in production of horticulture produce, dairy and meat products over the last decade. Presently, India occupies a position amongst the top three in production of a host of commodities including spices, fisheries, poultry, milk, fruits and vegetables. But even with such large production volumes, India’s present share in global farm trade is still very small. India is the second largest producer of fruits and vegetables in the world with production of 81.3 million MT and 162.2 million MT respectively but its share in global export of fruits and vegetables is around 1.4% only. Approximately 18% of fruits and vegetables get wasted in the country. This is mainly caused due to lack of cold chain infrastructure which includes both storage and transportation facilities. The cold chain industry in India is still at a nascent stage and despite large production of perishables, the cold chain potential still remain untapped due to high share of single commodity cold storage, high initial investment (for refrigerator units and land), lack of enabling infrastructure like power & roads, lack of awareness for handling perishable produce and lapse of service either by the storage provider or the transporter leading to poor quality produce. However, increasing urbanization and growth of organized retail, food servicing and food processing sector are boosting the growth of cold chain industry in India. The trend is shifting towards establishing multipurpose cold storages and providing end to end services to control parameters throughout the value chain.

Details

  • Original title: The Indian cold chain industry - An overview. YES Bank - Dutch Embassy collaborative study.
  • Record ID : 30014400
  • Languages: English
  • Subject: Figures, economy
  • Publication date: 2015

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