Trusted Cooling Partner - Global Reach and Financial Overview
INDUSTRY OVERVIEW: MARKET POISED FOR GROWTH
n ICE MAKE
Trusted Cooling Partner
Growth in
Organized
Food Retail
Shift Towards
Fruits and
Vegetables
Growth
Drivers
Growth in
Processed
Food Sector
Increasing
Demand
from the
Healthcare
Sector
India is at the forefront and at the cutting edge of an enabling policy
environment., today India is more liberal and forward-looking.
Industry too has always been upfront in investing and innovating in
solutions that lead to lesser wastage, shortening the supply chain
delivery period and value addition to the product.
At the policy level, the government has taken initiatives in setting up
cold storages and distribution centres.
The Government of India is one of the driving forces in developing the
cold-chain industry and supports private participation through various
subsidy schemes and grants. Investment in cold-chain in India was also
opened under the automatic route for 100% FDI participation.
India currently has an estimated capacity of 162 million tonnes of agri-
warehousing and cold storage.. However, the country is short by 25
million tonnes of cold storage capacity and over 60,000 refrigerated
trucks and there is an urgent need to fill this huge capacity gap.
The cold chain business all round is expected to grow at a CAGR of
around 14-16% and to touch a market size of around Rs 2000 billion in
near term, presents immense prospects for existing players to cash on
the emerging opportunities as well as new entrepreneurs to develop
new solutions.View entire presentation