The Indian cold chain market has witnessed robust growth in recent years. This can be attributed to the constant efforts by the Government of India for improving infrastructure by altering existing policies and offering tax redemptions to cold chain handlers.

According to the latest report by IMARC Group, titled “Indian Cold Chain Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the Indian cold chain market reached a value of INR 1,121 Billion in 2018, growing at a CAGR of 21.9% during 2011-2018.