2 hrs ago

India Develops Warehouse, Cold Chain Standards With ADB

India is working with the Asian Development Bank to create common ratings for warehouses and cold-storage facilities.

These ratings could show how good and reliable each facility is.

The government is also preparing guidelines for multi modal logistics parks.

These parks connect different ways of moving goods, such as roads, railways and ports.

Officials want states and cities to include warehouses and cold chains in their logistics plans.

Better planning could help reduce food waste and make supply chains stronger.

It could also help businesses get loans more easily and attract investment.

An industry representative said faster deliveries would reduce costs and money locked up in goods waiting to move.

Warehouses and cold chains make up almost 70 percent of multi modal logistics park areas, according to the report.

Key facts

Lead agencies: Department for Promotion of Industry and Internal Trade and Asian Development Bank
Standards being developed: Grading and rating standards for warehouses and cold chains
Additional policy work: Guidelines for multi modal logistics parks
State-level planning: States are being encouraged to include warehouses and cold chains in their logistics policies.
City-level planning: City logistics plans may include warehouses, dark stores and cold chains in and around cities.
MMLP share: Cold chains and warehouses occupy almost 70 percent of multi modal logistics park areas.
Expected benefits: Modernization, foreign investment, lower food wastage, stronger supply chains and easier, more affordable credit

thehindubusinessline.com · 2 hrs ago