Are you wondering about the cold storage profit margin in India? If yes, then you are here at the right place. By the end of this blog, we will learn about the profit margin.
In the field of logistics, refrigerated goods include goods for which certain constant temperatures must be maintained, both during storage and during transport, since the economic value of the goods largely depends on the fulfillment of that value. These logistical conditions apply above all to food, medicinal, pharmaceutical, or chemical products. Although the term “refrigerated cargo” implies the refrigeration of goods, this also includes goods that must be transported or stored at a constant warm temperature.
Continuous monitoring and maintaining the correct temperature is a critical factor for refrigerated cargo. This is the only way to ensure that the goods reach the recipient in good condition and without damage, especially when transporting refrigerated cargo.
Transport of refrigerated goods:
In the logistics and transport chain and the planned processes, the cold chain of all refrigerated products must not be interrupted. So, uninterrupted monitoring of the temperature in the warehouse or during transport is crucial. Temperatures must be documented accordingly and often meet both legal standards and internal directives. Warehouses and means of transport must be equipped with adequate refrigeration technology and the temperature must be accurately recorded.
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Maintaining and documenting the temperature throughout the cold chain during transport is more complex than in a fixed cold storage facility. Logistics and transport companies use a wide variety of vehicles and special containers to deliver goods to the recipient without loss of temperature and therefore without loss of quality.
The modern digital technology of the means of transport, the so-called telematics systems, allow the transmission of numerous data to the central logistics systems.
Continuous monitoring and regular transmission of temperature is an important part of the process for chilled products. Refrigerated data loggers record temperature data, can store it in internal memory, print it optically through a data logger, or transmit it digitally, usually in real-time.
Requirements of the different refrigerated products:
Food, medicine, and pharmaceuticals, cosmetics, and chemicals have different temperature requirements in storage and during transport.
Both fresh and frozen products must be refrigerated without interruption. Depending on the type of refrigerated products and foods, corresponding temperature ranges are applied to ensure the maintenance of the cold chain.
– Frozen meat and fish – continuously -18 ° C
– Fresh meat – up to a maximum of + 4 ° C
– Milk and dairy products – up to a maximum of + 8 ° C
– Fresh fruit – apples + 1 ° C to + 4 ° C; mangoes + 12 ° C
– Chocolate – + 12 ° C to + 18 ° C
Therefore, the requirements of food logistics are complex due to diversity. If the cold chain is interrupted, that is, if the temperature is not maintained, the value of food is reduced. If these foodstuffs are nevertheless traded, this deviation should be indicated accordingly.
Refrigerated drug / pharmaceutical cargo:
Since medicines and pharmaceuticals react particularly sensitively to fluctuations in temperature, storage, and transport requirements are particularly high. An interruption in the temperature test can lead to the destruction of a product here since a temperature deviation must be assumed without documentation.
The transport and storage of medicines that require refrigeration and cold chains are regulated by legal requirements. The guideline is decisive for both manufacturers and logistics service providers.
Depending on the product, a wide variety of requirements come into play here to maintain quality. This is because chemicals often require specific temperatures in storage and during transport. And in addition, certain storage and transport times must often not be exceeded. Otherwise, the products will already react or lose their properties and therefore also their usefulness and value.
This group for cold rooms has the particularity of functioning with carbon dioxide or CO2 as the refrigerant. Note that the regulations concerning refrigeration equipment oblige you to converge towards refrigeration systems using natural refrigerants by 2030. If we refer to its provisions, CO2 is among the most ecological refrigerant and is not concerned by these usage restrictions.
In the case of chemicals, the overlap with dangerous goods must also be considered. Now, let’s learn about what is the cold storage business profit?
What is the Cold storage business profit margin in India?
Well, the cold storage business profit margin in India varies. The revenue generate from this business depends on the product type you stored in the storage and also it depends on the storing items per day. For more info, get in touch with us at nsspl.in.