In 2022, the size of cold chain industry in India was around 16 million U.S. dollars, and it is forecast to reach 36 million dollars in 2027. In 2021, pharmaceutical products took up more than two-thirds of the cold chain storage in India. In 2020, it was estimated that India had around 37.4 million metric tons of cold chain storage capacity. Due to the low cost of manufacturing and governmental subsidies, India houses the world's third largest pharmaceutical industry.
Size of cold chain industry in India in 2022 with a forecast for 2027
(in million U.S. dollars)
Characteristic
Industry size in million U.S. dollars
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Times of India. (November 18, 2022). Size of cold chain industry in India in 2022 with a forecast for 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1270416/india-cold-chain-industry-size/
Times of India. "Size of cold chain industry in India in 2022 with a forecast for 2027 (in million U.S. dollars)." Chart. November 18, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1270416/india-cold-chain-industry-size/
Times of India. (2022). Size of cold chain industry in India in 2022 with a forecast for 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1270416/india-cold-chain-industry-size/
Times of India. "Size of Cold Chain Industry in India in 2022 with a Forecast for 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 18 Nov 2022, https://www.statista.com/statistics/1270416/india-cold-chain-industry-size/
Times of India, Size of cold chain industry in India in 2022 with a forecast for 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1270416/india-cold-chain-industry-size/ (last visited July 22, 2024)
Size of cold chain industry in India in 2022 with a forecast for 2027 (in million U.S. dollars) [Graph], Times of India, November 18, 2022. [Online]. Available: https://www.statista.com/statistics/1270416/india-cold-chain-industry-size/