MUMBAI, December 5, 2014 /PRNewswire/ --
The Indian cold chain sector is driven by the increasing demand for perishable products from urban areas as well as the overall need to reduce wastage of agricultural produce and other perishable products. Despite holding significant position in global production of dairy products, fruits & vegetables, food grains and fish, India's contribution to global food market is merely around 1%. The required cold storage capacity in India is more than 60 million tones. Recognized as a sunrise sector in India, cold storage sector has been accorded infrastructure status in the Union Budget for 2011-12.
Cold chain sector in India mainly caters to agriculture and its allied sectors as well as pharmaceutical products, mainly vaccines. Indian cold chain sector was valued at INR 180 billion in 2012-13 and broadly comprises surface storage and refrigerated transportation. Surface cold storage is further classified into bulk cold storage, multipurpose cold storage, small cold storages with pre-cooling facilities, frozen food stores, controlled atmosphere storages and ripening chambers. Refrigerated transportation in India, accounting for a small share, is still in its nascent stage in the country.
Request for sample pages:
Over 65% of the country's cold storage capacity is concentrated in Uttar Pradesh and West Bengal. The capacity across several other states is limited and needs to be ramped up through adequate investments in cold chain technology. Factors like high capital investment and energy costs, uncertain power conditions, rising land prices, lack of indigenous technology, lack of skilled manpower and problems in refrigerated transport are main concerns in this sector. The lag in the cold storage capacities of key produce in agriculture & allied sector including milk, vegetables, meat and fish also need to be addressed at the earliest.
Rising demand along with the government incentives make the cold chain sector in India attractive for private participation and several multinational players have now entered the market through direct subsidiaries or through partnerships with domestic companies. The Government has spent around INR 5.5 billion during 2008-11 on subsidies and tax incentives to step up the cold storage capacity.
This industry profile on cold chain sector in India has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers. The well-researched documents have been compiled in a PDF format with attractive tables, charts, graphics and crisp text.
This snapshot can be used as an "Information & Management Tool" and is ideal for overseas investors to get a broad understanding of the Indian cold chain sector. Senior managers, apart from gaining insight into the cold chain sector, can also use this report for making presentations to internal audiences, customers, collaborators and channel partners.
Companies Covered
- Alfa Laval (India) Ltd
- Blue star
- Danfoss Industries
- Delhi Cold Storage
- DuPont
- Emerson Climate Technologies
- Fresh and Healthy Enterprises
- Frick India
- Ingersoll Rand
- Lamilux
- Metaflex Doors India Pvt Ltd
- MJ Logistics Services Ltd
- Parker Hannifin
- RK Foodland Ltd
- Rinac
- Savla Food and Cold Storage Pvt Ltd
- Schaefer Systems International Pvt Ltd
- Snowman Logistics
- Tolsma Storage Technology
- Walco Engineering
Related Reports:
- India Cold Chain Market Forecast and Opportunities, 2019
- Cold Chain Market in India 2014-2018
- Integrated Cold Chain Industry in India 2013-17
- Global Cold Chain Market 2014-2018
About Bharat Book Bureau
Bharat Book Bureau is the leading market research information aggregator that provides market research reports, industry analysis, company profiles, business reports, country reports, newsletters and online databases. Our clients include Corporate, Consulting firms, and Academic Institutions and Government departments across the globe. Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. The market research reports we provide, help global companies examine the different markets before setting up a business or expanding into different countries across the world. They give a complete perspective on the current market scenario, trends, segments and future outlook.
Contact Details:
Poonam
Bharat Book Bureau
USA/Canada - 1-866-279-8368 (Toll free)
India: +91-22-27810772, 27810773
Blog: https://www.bharatbook.com/blog/
SOURCE Bharat Book Bureau
Share this article