Every year, India produces more than 400 million MT of perishable food. We are also the world's largest producers and consumers of dairy products and rank #2 in the production of fruits and vegetables. But up to 40 percent of the food we produce is spoiled in our supply chain.
Moreover, the Associated Chamber of Commerce suggests that our post-harvest losses amount to a whopping $14 billion! This has a direct impact on the income of our farmers, a majority of whom are already struggling to make ends meet. Apart from perishable food, the pharma industry is another crucial sector whose smooth functioning is dependent on an efficient cold supply chain network. From storage and transport to the last mile of vaccines, life-saving drugs, and other pharma raw materials that are critical to the sector, need a robust and well-managed cold supply chain network.
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