Intriguing developments are underway in India's cold chain logistics sector. Factors such as the demand for processed food, organized retail, pharmaceutical industry, e-commerce, governmental initiatives, and food wastage reduction are driving growth. A recent study by Report Ocean reveals that the market was valued at $7.17 billion in 2022 and is expected to reach $20.58 billion by 2029 with a CAGR of 16.30%. Cold chain logistics in India involves the management and transportation of temperature-sensitive goods. The COVID-19 pandemic has impacted the industry, leading to increased demand for temperature-controlled storage and transit. The market is segmented into Warehousing and Transportation, including Railways, Airways, Roadways, and Waterways.
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