The turnover of India s cold chain sector is expected to scale the Rs 5 lakh crore mark by 2030 or 2032, a senior official of the Commerce and Industry Ministry said on Wednesday.
According to a press release, speaking at FICCI's Cold Chain and Logistics Summit, Dr Ahirwar underscored the sector's vital role in ensuring food security and reducing waste.
The National Centre for Cold-Chain Development (NCCD) is updating technical standards and guidelines for cold-chain components in India. The initiative aims to improve efficiency, reduce costs, and minimize environmental impact. It includes the development of a mobile app for data digitization, with significant investment from both public and private sectors anticipated.
At the FICCI-Cold Chain and Logistics Summit on Wednesday, Ahirwar said that the gaps in physical infrastructure such as bad roads and inefficient ports are dampening the growth of the logistics sector, and these schemes are addressing those gaps.