Multi-pur­pose cold stor­age sees surge

The na­tional con­clave on Cold Chain De­vel­op­ment, or­gan­ised by the PHD, pro­cured fruit­ful panel dis­cus­sions which were ad­dressed by var­i­ous emi­nent speak­ers both from the gov­ern­ment and the pri­vate sec­tor.

Cargo Talk - - Association - CT BUREAU

Pawanexh Kohli, Chief Ad­vi­sor & CEO, Na­tional Cen­tre for Cold-chain De­vel­op­ment (NCCD), graced the event as the Chief Guest and while opin­ing on the cold chain stor­age post GST, stated, “The op­er­a­tional ef­fi­ciency of trucks car­ry­ing agri­cul­ture and hor­ti­cul­ture pro­duce stored in var­i­ous cold stor­ages houses from be­gin­ning to end point has en­hanced to an ex­tent of 550 km a day, as most of in­ter-state and in­trastate bar­ri­ers have col­lapsed post GST im­ple­men­ta­tion. The new tax­a­tion has ben­e­fit­ted the most to the lo­gis­tics sec­tor. Since a vast ma­jor­ity of agri­cul­ture and hor­ti­cul­ture items are GST ex­empt, its ram­i­fi­ca­tions on the cold-chain sec­tor so far have been quiet pos­i­tive bar­ring on a few fronts and his depart­ment is seek­ing their re­dres­sal with depart­ment of fi­nance.” R.S. Bedi, Chair­man, Com­mit­tee on Lo­gis­tics Man­age­ment, PHD Cham­ber stated, “In­dia’s cold chain sec­tor is a com­bi­na­tion of sur­face stor­age and re­frig­er­ated trans­port. The in­dus­try has been grow­ing at a CAGR of 28 per cent for the last three years and is an­tic­i­pated to reach US$13 bil­lion by 2017. Cur­rently, In­dia has 6,300 cold stor­age fa­cil­i­ties un­evenly spread across the coun­try, with an in­stalled ca­pac­ity of 30.11 mil­lion met­ric tonne. Th­ese are mostly used for stor­ing pota­toes. How­ever, the mar­ket is grad­u­ally get­ting or­gan­ised and fo­cus to­wards multi-pur­pose cold stor­ages is ris­ing.” Dr. Ran­jeet Me­hta, Di­rec­tor, PHD Cham­ber, elab­o­rated on the de­vel­op­ment in the food pro­cess­ing sec­tor and or­gan­ised re­tail, gov­ern­ment ini­tia­tives, in­creas­ing in­vest­ments as well as in­creas­ing will­ing­ness on the part of con­sumers to pay a pre­mium for higher qual­ity of food prod­ucts, will drive over­all growth for the in­dus­try. Still, in­ter­ven­tions are re­quired to bring down op­er­at­ing costs, to im­prove qual­ity of end pro­duce, for adop­tion of new tech­nol­ogy so­lu­tions and train­ing of man­power.

In­dia has 6,300 cold stor­age fa­cil­i­ties un­evenly spread across the coun­try, with an in­stalled ca­pac­ity of 30.11 mil­lion met­ric tonne

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