Cold ChainIndian Cold Chain industry is expected to grow at a CAGR of ~28% over the next 4 years and reach a market size of ~USD 13 Bn (78,000 crores INR) by 2017 through increased investments, modernization of existing facilities, and establishment of new ventures via private and government partnerships.

Cold stores are the major revenue contributors of the Indian Cold Chain industry and are majorly used for storing potatoes. However, the market is gradually getting organised and focus towards multi-purpose cold storages is rising.

A cold chain is a temperature-controlled supply chain. An unbroken cold chain is an uninterrupted series of storage and distribution activities which maintain a given temperature range. It is used to extend and ensure the shelf life of products such as fresh agricultural produce (fruits & vegetables), meat and fish products, floriculture, dairy products, frozen food, chemicals and pharmaceutical drugs.

Cold Chain Supply Infrastructure

Facts about Cold Chains in India 40% of the fruits and vegetables grown in India (40 million Tonnes worth US $13 billion) get

wasted due to lack of cold storage facilities and energy infrastructure.

Only 8% of the produce is processed in India.

Government of India recognizes that development of cold chain is an essential next step in upgrading India’s food processing industry and therefore offers many incentives for promoting growth.

References http://indiacoldchainshow.com/Cold-Chain-Industry-in-India-A-Report.pdf

http://www.slideshare.net/farhanbook/pgpm912-om-presentation

https://www.iaccindia.com/userfiles/files/India's%20Cold%20Chain%20Industry.pdf

http://www.moneycontrol.com/news/cnbc-tv18-comments/indias-organised-cold-storage-industry-outdeep- freeze_1250833.html

http://www.erec.org/fileadmin/erec_docs/Projcet_Documents/K4_RES-H/K4RES-H_Geothermal_cooling.pdf

http://www.tue.nl/fileadmin/content/onderzoek/Eindhoven_Energy_Institute_EEI/EnergyDays/ Serie_2_2011_2013/2012_11_29/Aarssen.pdf

http://www.valuenotes.biz/knowledge-center/short-industry-reports/integrated-cold-chain-industry-india-2013-17/

http://articles.economictimes.indiatimes.com/2013-02-06/news/36949978_1_cold-chain-cold-storage-storage- capacity

http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/cold-storage-industry-on-edge-of-precipice/ article5502993.ece