How much does it cost to open a cold storage?
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How much does it cost to open a cold storage?
Project cost : The project cost for setting up of 5000 MT Cold Storage may be in the range of Rs. 350 – 400 lakh, including the cost of the land.
Is Cold Storage profitable in India?
The revenue generated depends on the type of product stored in the storage and the cost of storing the item per day. For e.g., if the store is rented, then there is a possibility of renting charges approximately: Rs 0.75/kg (for 300 days). Then the revenue generated is Rs 9, 00,000 annually.
How do I start my own cold storage business?
Basically, the investment is required in the following areas like land acquisition, construction of cold storage building, licensing, obtaining permissions, arranging necessary utilities like electricity, water, etc. Further, you are required to invest a significant sum of the capital in purchasing cooling machinery.
How much does a cold storage cost in India?
How much does it cost to build a cold storage in India? The investment will be based on the scale of the cold storage unit. According to the experts, the project of 5000 MT cold storage is estimated to be rupees 4.00 Carores to 35.00 crores in Indian rupees. The land cost is an additional value that you need to do.
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 get customers for cold storage?
Cold Storage Business
- Create a Plan. Decide what will be your reach.
- Understand the Market. To start any business, you must know how the market works around it.
- Increase your expertise.
- Decide the size of your business.
- License and Permit.
- Choose the right location.
- Buy equipment and machinery.
- Understand your customers.
What is mt in cold storage?
A 10 Metric tonne capacity of cold storage has an electric load of 5.9KW and the power supply requirement is around 230 volts/3 phase /50 Hz.