Location plays an important role in this business. It helps in commencing the business properly, getting finance, and ensuring smooth operations. A business plan helps you in numerous ways. According to your investment capacity, you will need to decide the business size.Īdditionally, you must have financial planning with a projected ROI and payback period. Therefore, crafting a business plan or project report is the most important aspect of starting this business. Starting a cold storage business demands strategic planning and careful implementation.
Here are the 8 Steps to Start Cold Storage Business 1. In addition, it helps in providing remunerative prices to the growers and to make available farm products to the consumers at competitive and affordable prices.Īdditionally, changing lifestyles and demand for processed or packaged food are creating the need for cold storage solutions globally. Cold Storages are essential for extending the shelf life, period of marketing, avoiding glut, post-harvest losses reducing transport bottlenecks during the peak period of production, and maintenance of the quality of the product.īesides, cold storages have an important role in reducing the wastage of perishable commodities. Generally, food crop-growing countries hold the maximum share of the wastage of fresh foods. Globally, the wastage of fresh vegetables and fruits is huge. Is cold storage a profitable business in India?
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