India's potential as a global cold supply chain hub has grown due to the growth of its pharmaceutical and food industries. The market size is estimated to be around $17 billion and is projected to grow by 12% annually. However, the sector still faces challenges like inadequate infrastructure and unreliable power supply. The government is taking steps to address these challenges through improved connectivity and incentivizing investment in logistics infrastructure. India must also adopt advanced technologies, prioritize sustainability, and develop domestic infrastructure to become a global leader in the cold supply chain industry.
Source: Link