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 unorganised in nature.
Growing annually at 28% the total value of cold chain industry in India is expected to reach USD 13 billion by 2017 throughincreased investments, modernization of existing facilities, and establishmentof 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 marketis gradually getting organised and focus towards multipurpose cold storages isrising Temperature Controlled Warehouse Market in India.