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Cold storage is a facility that primarily stores food items that are short-lived and highly likely to get spoilt under normal conditions. These may include fruits, vegetables, fish, meat etc. These food items are stored under optimum temperature(primarily low) and humid environment as required for individual items.
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.
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.
The cold storage room basic design and requirements: The temperature requirement: 402daC ± 202daC. Humidity of the storage space: 85-90%. The outer ambiance temperature is assumed to be: 4302daC. Storage materials: vegetables and fruits.
Cold storage requires equipment that can cost $250-$350 per sq. ft which is 2-3 times more expensive than a traditional warehouse. Refrigerated warehouses also cost more to operate.
8 Best Practices in Managing a Cold Storage Adopt Automation.Maintain Temperature Ranges.Minimise Heat Loss.Use Suitable Equipment.Ensure Employees' Safety.Manage Energy Demand.Maintain Proper Records.Keep a Contingency Plan.
With cold storage, the digital wallet is stored on a platform that is not connected to the internet, thereby protecting the wallet from unauthorized access, cyber hacks and other vulnerabilities to which a system that is connected to the internet is susceptible.
"A cold storage room is a refrigerated food storage chamber that prevents perishable food from spoiling." The primary purpose of a cold storage room is to refrigerate fresh, pre-cooled and frozen foods.
The project cost for setting up of 5000 MT Cold Storage may be in the range of Rs. 350 - 400 lakh, including cost of the land.