How much does it cost to build a cold storage in India?

How much does it cost to build a cold storage in India?

The cost and investment will largely depend on the scale of the cold storage unit. However, according to experts, the estimated project cost for setting up 5000 MT Cold Storage may be in the range of Rs. 3 Crore — 4 Crores in Indian Rupees. The cost of land is an additional investment you need to make.

What will be the investment for 1000 mt of cold storage?

Total Project Cost for 1000 MT Cold Storage: Rs. 2,75,00,000. Storing Charges Received: Rs. 1,77,94,000.

Is cold storage a profitable business?

Cold storage is a highly profitable business, in both developing and developed countries. There is good demand for two types of cold storage as per the storage facility. However, multi-purpose cold storage will have good returns and profitability overall.

What is the cost of mini cold storage?

The mini cold storage project cost, varies from INR 50 Lakhs to many carores depending on the type of project and location of the project. Either, it can be near to the farms or consumer centers.

How much land is required to build a cold storage?

Approximately 1 acre of land of land is required for setting up of a multi purpose / multi commodity cold storage plant.

Who owns cold Storage in India?

Overall average capacity utilization in cold storage is 75%- showing sustainability of the cold chain business in India. 92% of cold storages in India are owned and operated by private sector.

How do I start my own cold storage business?

Here is a step-by-step process to start Cold storage business;

1. Step 1) Finalizing Location.
2. Step 2) Equipment Selection.
3. Step 3) Maintenance and Cleaning.
4. Step 4) Promotion and Target Audience.
5. Step 5) Arranging Funds.
6. Eligibility criteria for cold storage loan;
7. Cold storage investment cost.
8. Benefits of a cold storage room.

How much does cold storage cost in India?

It depends on your cold storage metric tons. In india cost on a 1 metric ton is 8000rs. Land price excluded. It depends where you are buying a land. Cold storage has a good scope.

How much land is required for a small cold storage?

A traditional cold storage of multi-tier walk in with a capacity of 6,000 tonnes is estimated to cost 5 crore, excluding the cost of land. Typically, a cold storage unit with a storage capacity of 5000 MT would require at least an acre of dry land.

Is there any subsidy for cold storage in Kerala?

NABARD in association with Reserve Bank of India provides loans for the creation of storage infrastructure of 5000 MT capacity. The state government of Kerala provides 40% subsidy on the total investment for the cold storage business.

How much does a 50 ton cold storage cost?

Required temperature Rane inside the cold storage depending upon item as well as outside ambient temperature, As a thumb rule, the cost of 50 Ton capacity cold storage should be around 9 Lakhs without cost of land. It has been calculated as