The cold chain sector in India is experiencing substantial growth and innovation, is playing a critical role in the logistics ecosystem. Mr. Surendra Ahirwar, Joint Secretary of the Ministry of Commerce and Industry, Government of India and Department for Promotion of Industry and Internal Trade (DPIIT), highlighted this development at FICCI’s Cold Chain and Logistics Summit held on 29th May in New Delhi. According to Mr Ahirwar, the sector presently boasts a turnover of approximately Rs 2 lakh crore and is expanding at a robust annual rate of over 10%.
This growth is driven by increasing demand for efficient temperature controlled logistics solutions, advancements in technology, and heightened focus on reducing food wastage thereby, improving the supply chain for perishable goods. The promising trajectory of the cold chain sector underscores its importance in supporting India’s economic and infrastructural advancements.
The summit unveiled the FICCI-Grant Thornton Bharat Report on “Cold Chain Dynamics: Mapping India’s Logistics Transformation,” highlighting the cold chain sector’s crucial role in overcoming infrastructure gaps and high costs in India’s food processing industry.
Team INDICOLD was thrilled to be a part of an extraordinary summit, uniting industry veterans, top policymakers, and leading academicians to shape the future of the cold chain sector.
Mr Kartik Jalan Founder & CEO –INDICOLD participated in an engaging discussion on emerging refrigeration technologies and innovations in cold chain logistics, sharing his insights and expertise with industry leaders. “Indicold is ushering in the era of automated mega cold storages, which are set to transform cold chain logistics,” said Mr. Kartik Jalan.
At INDICOLD, we are building a future ready sustainable cold supply chain. These are exciting times to be part of the cold chain industry. With the evolving landscape of logistics, we are thrilled to pioneer path-breaking initiatives and contribute to this revolution.”
To know more about the event
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