First & Last Mile Cold Chain Logistics
The cold-chain industry to log a compound annual growth rate of 13-15% in the five fiscals through 2022, compared with 11-13% in the previous five.CRISIL
As per Yes Bank report – COLD CHAIN OPPORTUNITIES IN INDIA, The Perishables Sector Perspective, India stands at Annual production of:
- 165.4 Mn MT of milk (Rank 1)
- 277 Mn MT of fruits and vegetables (Rank 2)
- 11.4 Mn MT of fish (Rank 2)
- 7.4 Mn MT in meat (Rank 1 in buffalo meat and Rank 2 in goat meat)
Major challenge in cold chain logistics is the extent of wastage across the value chain. The total losses in 2015 amounted to USD 14 Bn (~ INR 102,319/- Crores).Central Institute of Post-harvest Engineering and Technology (CIPHET)
This provides a huge opportunity for wastage reduction through food processing and development of post-harvest logistics as the maximum losses take place during the farm operations and transportation.
Cold chain logistics is a highly fragmented industry and the unorganized sector accounts for an estimated 80-85% share of the total capacity.
Wholesalers and organized retailers are the key user segments of cold chain services with a share of 70-75% and 10-15% respectively.
The Heavy Duty Agri Loader
Designed in India to withstand tough Indian conditions, Bolt e3WA is the undisputed work horse for first mile Agricultural Logistics. Click here to know more.