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Industrial Products India, Industrial Manufacturers & Suppliers
 




 
   
 
 
 

BITZER Announces Plans to Ramp up

BITZER, the worlds’ largest private compressor manufacturer has announced that it is expanding its footprint in India to support establishment of a cold food chain in the counrty. According to Government of India estimates, India currently loses about Rs. 44,000 crore worth of food produce annually due to inadequate storage and lack of a cold chain to prevent food decay. In order to boost the setting up of much-needed cold storages, the Government has announced a series of measures, including providing financial subsidy. This has given a much needed impetus and serveral cold storage facitiles are being set up across the country, especially in coastal areas, to support the fisheries and sea-food and meat & dairy processing industries. The demand for cold storage is also growing on account of allied industries like seed cold storages, dairy products and test chambers. Blast freezing is also a requirement for meat and poultry industry, which is recoganised as a sunrise industry, catering to the Middle-East market. As a result, many cold storage facilities have come up across India, with 7 more under installation, expected to get commissioned later this year. As part of the Government’s efforts to augument food storage facilities in the country, 15 new food parks are also envisaged. The entry of multi-nationals like Wal-Mart, Metro, Tesco, Carrefour etc. into the country’s food retail sector is further expected to boost demand for BITZER solutions. The upgrade market is another growing segment, as existing cold chains based on old and inefficient technology are being revamped and retrofitted. As a result of all these the growth expectation for BITZER in India is 20% year-on-year by 2017

 
     
 
   
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