Indian Cold Chain Industry Market size expected to touch US$ 13 billion
Indian 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 billion in 2017 and is largely unorganized in nature.
Growing annually at 28% the total value of cold chain industry in India is expected to reach USD 13 billion 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 markets gradually getting organized and focus towards multipurpose cold storages is rising Temperature Controlled Warehouse Market in India.