Unlocking the Next Phase of India’s Cold Chain Report Flags USD 18.5 Billion Annual Post-Harvest Loss, Calls for Shift from Capacity to Capability

New Delhi, Sep 11: Speaking as the Chief Guest at the ASSOCHAM Cold Chain and Warehousing Summit, themed “Building Ecosystem for Viksit Bharat,” held today at Hotel Le-Meridian, New Delhi, Shri Sukanta Kumar Panigrahi, Member of Parliament and Member of the Parliamentary Standing Committee on Agriculture, Animal Husbandry and Food Processing, Government of India, said, 

“India produces enough. Now, India must preserve enough.”

A fruit harvested today has a biological clock. Milk collected from a farmer has a quality clock. Fish landed at the harbour has an even faster clock. If we manage time and temperature well, we preserve value. If we fail, we lose food, income and resources,” he said. “That is why I believe cold chain is not about keeping products cold. It is about keeping value alive. So, a strong cold chain is not merely a logistics asset, it is a stronger income chain for the farmer. Because the ultimate return on investment is not the capacity we build, it is the value we preserve.”

ASSOCHAM || Unlocking the Next Phase of India's Cold Chain

He added,

 “Let us therefore build a culture that connects farm to market, farmer to consumer, production to processing, and India to the world. Let us move from wastage to value, from fragmented logistics to integrated supply chains, and from cold chain to stronger farmer incomes.”

Delivering the welcome address, Shri Saandip Wadhwa, Chairman, National Council on Logistics and Warehousing, ASSOCHAM, and Group Director, JM Baxi Group, said,

 “Warehousing and cold chain are no longer simply support infrastructure. They are becoming strategic enablers of economic growth, food security, farmer incomes, exports and industrial competitiveness. India has made significant progress in expanding its physical infrastructure. However, the next phase of growth must focus not merely on creating more capacity, but on creating connectivity.

In the theme address, Shri Sanjay Bajpai, Industry Veteran and Advisor, National Council on Logistics and Warehousing, ASSOCHAM, and Former Executive Director, CONCOR, observed,

“Supply chains, as they extend further out of the country, are also becoming increasingly trust chains. These chains of trust depend on standardisation, on preservation of quality, and on resilience to connect with the market. This is where one sees the future of warehousing and cold chain getting increasingly and intimately integrated with the supply chain.”

Delivering the industry address, Shri Mata Prasad, DGM – ABU and GSS, State Bank of India, said,

From SBI’s perspective, cold chain infrastructure represents an important opportunity to connect agriculture infrastructure, food processing and logistics exports. Our approach is to look at the complete agri value chain and provide the right financial solution depending upon the nature of the activity, the borrowers and the cash flow profile. In cold chain, we can finance construction of cold storage, plant and machinery, working capital and other needs.”

Speaking as the Guest of Honor, Dr Devendra Kumar Dhodawat, Former Additional Chief Secretary to the Governor of Kerala and Member, Warehousing Development and Regulatory Authority (WDRA), noted,

“India today is among the leading agriculture producers. In 2024-25, the country recorded food grain production of about 358 million tonnes, while horticulture has also emerged as a major driver of agriculture growth, with production reaching about 371 million tonnes.” He added, “As we collectively work towards realising the vision of Viksit Bharat 2047, I sincerely urge the leaders of industry to focus on five key priorities, foremost among them expanding integrated, efficient and sustainable cold chain infrastructure.”

Also speaking as the Guest of Honor, Shri Amrit Lal Meena, Former Chief Secretary, Government of Bihar, and Former Special Secretary (Logistics), DPIIT, Ministry of Commerce, Government of India, said,

 “It is time that industry associations and state governments plan their industrial townships, warehousing and multimodal logistics parks, including smaller logistics parks, at the junctions of trunk infrastructure, railway lines and highways.” He added, “Industry should take advantage of these developments, and through conferences such as this one, meaningful recommendations should emerge, recommendations that reach the appropriate forums for implementation.”

The Inaugural Session also saw the release of the ASSOCHAM-ASCELA Knowledge Report, and a presentation by Shri Nivesh Chaudhary, Co-Founder and Managing Director, ASCELA.

The summit featured three thematic panel discussions throughout the day. The first, on Building Future-Ready Warehousing and Cold Chain Infrastructure: Driving India’s Logistics Growth; the second panel, on Sustainable Cold Chains for Global Markets: Green Warehousing, Smart Refrigeration and Agri-Export Competitiveness; and the third panel, on Advancing Multimodal Logistics: Integrating Supply Chains for Seamless Connectivity.

The summit also featured a special address by Shri Ajit Kumar Panda, Chairman and Managing Director, CONCOR.

The event concluded with a vote of thanks by Shri Saurabh Sanyal, Secretary General, ASSOCHAM, who thanked the Chief Guest, dignitaries, speakers, industry leaders and participants for their contributions to the summit. He highlighted the importance of cold chain, warehousing and multimodal logistics in making Indian supply chains more competitive, resilient and globally integrated, and urged participants to put forward practical, actionable recommendations. The summit reaffirmed ASSOCHAM’s commitment to strengthening the cold chain and warehousing ecosystem by bringing industry, government and other stakeholders together on a common platform.

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