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The Union Ministry of Food Processing Industries (MoFPI) on 27 March 2017 sanctioned 101 new Integrated Cold Chain Projects. These are in addition to the 30 Cold Chain Projects that were sanctioned in May 2015.
Details related to 101 new Integrated Cold Chain Projects
• These 101 new Integrated Cold Chain Projects were sanctioned under the Cold Chain and Value Addition Infrastructure Scheme.
• Cumulatively, these new projects will attract Rs. 3100 crore investment for the creation of modern infrastructure in the food processing sector.
• While the financial assistance component will be up to Rs 10 crore for entrepreneurs, the total expected grant-in-aid by the government will be Rs 838 crore.
• These projects are meant for fruits and vegetables, dairy, fish, meat, marine, poultry, ready to eat and ready to cook sectors.
• These new projects will reduce wastage of perishables, add value to the agricultural produce and create huge employment opportunities especially in rural areas.
• These projects will create additional capacity of 2.76 lakh MT of cold storage capacity, 115 MT per hour of Individual Quick Freezing (IQF) capacity, 56 lakh litres per day of milk processing capacity, 210 MT per batch of blast freezing capacity and 629 refrigerated or insulated vehicles.
• These projects will not only provide a big boost to the growth of food processing infrastructure in the concerned States, but also help in providing better prices to farmers.
Why India needs Integrated Cold Chain Projects?
• India is one of the largest food producers in the world. Though it is the second largest producer of fruits and vegetables in the world, it only processes 2.2 per cent of total fruits and vegetables produced.
• To ameliorate this situation, India requires affordable cold storages and cold chains at every food producing hub in the country.
• Against this backdrop, the MoFPI is building the National Cold Chain Grid, in which building Integrated Cold Chain Projects is one of the key components.
• The goal of the National Cold Chain Grid, as well as Integrated Cold Chain Projects, is to connect all food producing hubs to cold storage and processing industries.
• These initiatives will create short, consistent and compressed supply chains from producers to processors, retailers and exporters.
• They also give major boost to fruits and vegetables processing, milk processing and non-horticulture food processing in the country.
When: 27 March 2017