Its the warehouses catering to the industrial and retail players that hold the maximum share at 55. Agriculture and warehousing go side by side so there is tremendous demand for agricultural warehouses with such an rise in agriculture throughout India.
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India is an agriculture hub so warehouses are highly required.
Agriculture warehouse business in india. Agricultural warehousing accounts for fifteen percent of the warehousing market in India and is estimated to be worth Rupees 8500 crore. 31032016 Agriculture is said to be Indias largest private-sector enterprise engaging nearly 119 million farmers cultivators and another 144 million landless labourers as per the 2011 Census. The agriculture industry in India has been segregated into 17 major sectors including farming agriculture equipment fertilizers pesticides warehousing cold chain food processing dairy market floriculture apiculture sericulture seeds fisheries poultry animal husbandry animal feed and bio-agriculture.
Amount of Earning Income. Warehousing in India has been linked to food security and agricultural growth. Different kinds of crops can be stored in a warehouse so it is a persistent business and not just seasonal.
As of now there is a huge opportunity to earn a good amount of rental income from warehouses. Agricultural warehousing accounts for fifteen percent of the warehousing market in India and is estimated to be worth INR 8500 crore. Warehousing and Bulk Handling - Indias largest chain of agridry and cold storage facilities.
It is even considered the most respectable business going by the oft-quoted slogan uttam kheti madhyam vyapar kanishtha naukri supreme is farming mediocre is trade and most lowly is. Farm Gate Handling - In-field warehousing and commodity transportation support is provided to farmers at optimal costs. 28042021 Ninjacart Agriculture Supply Chain Companies in India Ninjacart is just one of the few Bangalore-based agriculture supply chain companies in India.
While warehouses dealing with agricultural and horticulture products account for about 15 of the total warehousing industry cold storages have a share of about 16. The warehousing capacity available in India in public cooperative and private sector is about 94526 million MTs and as per Governments estimates additional 35 million MTs warehousing capacity is required during the 12th Five Year Plan period for the storage of all. Agriculture has been one of Indias most important sectors and helps not just the people in rural areas but also India as a whole to grow and flourish.
It was founded by Thirukumaran Nagaranjan in 2015. Warehousing is now seen as an integral part of the supply chain where goods are. India has total agri warehousing capacity of around 91 MMT at present to store and conserve such large quantities with state agencies owning 41 of the capacity and the balance distributed among private entrepreneurs cooperative societies farmers etc.
Warehouses require very less Variable and Running Costs. The Central Warehousing Corporation provides safe and reliable storage facilities for about 120 agricultural and industrial commodities. It is however perceived to be inadequate and unorganized.
The sector is growing at an average 10 per annum. This corporation was established as a statutory body in New Delhi on 2nd March 1957. Central warehousing corporation CWC For more details.
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