How do I start my own cold storage business?
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 money is required to open a cold storage?
Cold storage business minimum investment requires 30-40 lakh. Based on your budget, you may choose any type of cold storage room. Cold storage facility includes two types, multiple products, and single products. Items that need to store in cold storage are fruits, vegetables, meat products, poultry, and fish, etc.
What is required for cold storage?
The cold storage room basic design and requirements: The temperature requirement: 4˚C ± 2˚C. Humidity of the storage space: 85-90%. The outer ambiance temperature is assumed to be: 43˚C. Storage materials: vegetables and fruits.
Are cold storages profitable?
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. One model is used for specific products and another one is for multipurpose.
What is maximum subsidy amount in cold storage?
The State Government and Central Government give you subsidy ranging from 35% to 50% subsidy for cold storage.