What is the story about?
What's Happening?
The 8th edition of REFCOLD India 2025, a major refrigeration and cold chain exhibition, commenced in New Delhi, highlighting the cold chain sector's pivotal role in India's economic growth. The event was inaugurated by senior officials from the Ministry of Agriculture & Farmers’ Welfare, including Sh. Priya Ranjan, Joint Secretary (Horticulture). The exhibition aims to showcase innovations in cold chain technology, with over 200 exhibitors and 10,000 visitors expected. The cold chain industry is projected to grow from USD 10.5 billion in 2024 to USD 74.5 billion by 2033, driven by increased demand in sectors like pharmaceuticals, seafood, dairy, and agriculture. The event also featured the launch of the National Centre for Cold-chain Development (NCCD) website and the unveiling of the Energy Transition Report.
Why It's Important?
The cold chain industry is crucial for reducing post-harvest losses, which currently account for up to 15% of produce, translating to significant economic and nutritional losses. Strengthening the cold chain infrastructure is essential for enhancing food security, increasing farmer incomes, and supporting India's agrarian economy. The exhibition serves as a platform for collaboration among policymakers, industry leaders, and innovators to develop sustainable and efficient cold chain solutions. This is vital for India's growth in agri-exports and for maintaining the quality of produce in domestic and international markets.
What's Next?
The event will continue with sessions focusing on sustainable cold chain practices, energy transition technologies, and cross-border collaborations. Industry leaders will engage in strategic discussions to shape the future of India's cold chain sector. The REFCOLD India Copeland Awards 2025 will recognize excellence in sustainable cold chain products and innovations. The exhibition will also feature networking opportunities and discussions on policy frameworks and investment models to accelerate cold chain adoption across India.
Beyond the Headlines
The cold chain sector's growth is not only an economic opportunity but also a necessity for addressing food security challenges. The integration of renewable energy and IoT-enabled solutions in cold chain infrastructure can significantly reduce operational costs and environmental impact. The event highlights the importance of public-private partnerships and innovative funding models to support the sector's expansion.
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