Thursday, August 20, 2009

Cold Storage Capacities Inadequate in India

In its recent report on food processing industry ASSOCHAM has highlighted Cold Storage chain s In capability to handle volumes from agri food chain . This has resulted in losses and makes India less competitive in World food processing industry. Facilities of Cold storage at export points are highly inadequate hence loosing out opportunities to export . Assocham has asked govt for more fiscal incentives towards upgrading food processing technology. It also recommends the government introduce fiscal and other incentives to encourage companies to invest in the latest food processing technology and to enchance Cold storage capacities .

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