PHD chamber of Commerce
hosts conference on cold chain in Delhi
The conference was addressed by Sandip Somany, president, PHD Chamber; Dinesh Rai, chairman, Warehousing Development and Regulatory Authority (WDRA); Sanjeev Chopra, Jt. Secretary, Ministry of Agriculture, Govt. of India & MD, National Horticulture Board; RS Bedi, chairman, Task Force on Logistics Management, PHD Chamber and several other industry experts. At this conference knowledge partner Yes Bank released a study on ‘India’s Cold Chain Sector’.
In his welcome address, Somany said that India’s supply chain management for storing food products and pharmaceutical products is highly inefficient. He pointed out that India is the 1st largest producer of milk, 2nd largest producer of fruits, vegetables, 5th in eggs and 6th in fish in the world. In spite of that, 20-30 per cent of all food products are wasted every year due to the lack of Proper Cold storages. He mentioned in his address that there is an ardent need to develop a robust Cold Chain infrastructure in the country to prevent this huge wastage not only in food processing sector but also in pharma segment. He also laid emphasis on the need of adopting new technologies and methodology for strengthening the existing Cold Chain infrastructure. Also, the supply chain needs to be designed and built as a whole in an integrated manner and should be well supported using IT tools and software. “By building an efficient and effective supply chain using state- of- the- art techniques, we can develop an efficient and effective cold chain infrastructure for both the sectors,” he said.
Bedi, while presenting the theme speech, informed the participants that the Indian cold chain market is worth $3 billion. This market is expected to grow to $12.4 billion by the end of 2015. Against a requirement of over 35 million tonne of cold storage, India has exact 5,386 cold storage units with a cumulative capacity of nearly 25 million tonne, resulting in loss of about 40 per cent of the agri-produce post-harvest.
Recently, the P hamber of ommerce and Industry with the support of Ministry of ood Processing Industries M PI and Agricultural and Processed ood Products Export evelopment Authority APE A organised a National onference on old
hain Management ’ in New elhi. r. Saumitra haudhury, Member, Planning ommission, overnment of India was the uest of ounor at the onference.