Cold storage is a one-time investment business that gives good returns for a long period of time. For most developed and developing nations, cold storage has become a necessity. India being an extremely developmental country and primarily an agro based economy, cold storage is a not just a blooming business opportunity but also an answer to inflation and growing food crisis.
India loses as much as 40% of its food produce due to lack of proper storage facility. The Indian consumer mainly depends on perishable food commodities for his staple diet. Since the cold storage can keep fruits and vegetables fresh for a longer span of time , they are always in demand. The farmers needs the cold storage to keep his produce safe and healthy, the government needs the cold storage to keep a check on inflation and meet the market supply for the consumers.
The time to start a cold storage business in India is just right. With new advanced technology, there are now the possibility of even multipurpose storages in India, where a vide variety of items can be stored. Undoubtedly, it is a little higher on the cost side but it is one investment that pays well in the long run. The return on Investment is good and the risk involved is minimal compared to other businesses. Besides, the government of India also acknowledges and accredits the need of cold storage business in India. That is why there are various schemes and subsidies by the government that help the private players cost wise and promote more and more private players to get into this business. With the help the government is offering, the increasing demand for fresh fruits and vegetables and processed food, it is the best time to get into the cold storage business in India.
This blog is also worth reading for you:– Cold storage construction cost in India.