Investments in cold chains in India could reach $15 billion in the next five years, according to a report, according to Business Standard, the Indian newspaper.
The report by London-based Institution of Mechanical Engineers stated cold chains running on renewable energy can help in cutting down loss of perishable items like fruits and vegetables, which runs as high as 40 per cent of the total fresh food produce.
"India's investment in cold chain is forecast to be $15 billion over the next five years," the report said.
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