India ranks first in the world in production of fruits and second in vegetables, accounting roughly 10 and 15 per cent, respectively, of total global production. India have a strong and dynamic food processing sector playing a vital role in diversifying the agricultural sector, improving value addition opportunities and creating surplus food for agro-food products. Presently, a mere 2.2 per cent of fruits and vegetables are processed, even as the country ranks second in the world in terms of production. This is comparatively low when compared to other countries like Brazil (30 per cent), USA (70 per cent) and Malaysia (82 per cent).The National policy aims to increase the percentage of food being processed in the country to 25 per cent by 2025.
Nearly one third of our horticultural produce, especially fruits and vegetables are wasted, mainly on account of poor cold storage and other storage facilities. Wastage of fruits and vegetables due to poor post-harvest management and lack of cold chain facilities have been estimated to cost up to Rs 500 billion annually. The country also experiences wide fluctuations in prices of horticultural produce, particularly potatoes and onions. The cold storages will help boost exports of agricultural and allied produce, marine produce etc.
Due to insufficient of warehouse, we are planning to establish a chain of warehouses and cold storages to meet the problem of rotting grain. We are planning to establish Warehouse and Rural Go downs in the areas of demand itself, anticipating and understanding the future demand, to ensure uninterrupted and timely supply, and proper utilization of all products. For this we are in process to take cold storage and ware house of Cooperative Society department on lease. This will reduce our revenue burden and at the same time the investment done by government will also be utilized. Beside this we are planning to build small & cheap cold storages by using modern technology with PUF insulated panels for the establishment we are in process of conservation with the companies in the business.