With initiatives by the Indian government and a steep growth in the consumption of processed
foods, cold chain logistics is
expected
to witness huge
growth in the coming years.
High
growth prospects for the food-processing sector along with attractive government incentives
(including 51 percent FDI) make cold chain business a lucrative proposition for foreign
investors as well. It should be specifically mentioned that a large number of cold storage
projects, located in different parts of the country, are based on old and inefficient technology.
The user industry would expect modern plants with more automation, mechanised operations
and operating conditions that are more hygienic. Currently, one of the focus areas is to make
reefer trucks more energy efficient to withstand the variations in the ambient temperatures at
drop-off points