Everyone’s chasing e-commerce warehousing. India’s cold chain market just hit 25% CAGR and nobody’s paying attention.
We’re talking $32 billion by 2031. Here’s why it matters.
Pharmaceuticals are scaling as India becomes the global vaccine and biosimilar manufacturing hub. Quick commerce is creating hyper-local cold chain demand;Blinkit, Zepto, Instamart need dark stores with integrated cold rooms every 2-3 km.
The infrastructure gap is massive. India has 8,689 cold storage facilities with 39.6 million MT capacity. We need 50-60 million MT by 2030.
Grade-A warehouse rentals in prime locations typically range from ₹25-45 per square foot per month which would include specialized cold chain facilities at the higher end. Larger cold storage facilities can rent for as much as ₹40 per square foot per month (Cushman & Wakefield)
We’re positioning in pharmaceutical manufacturing clusters, Hyderabad, Ahmedabad, Baddi. Because when Pfizer or Novartis expands biologics production, the cold chain RFP follows within 6 months.
The cold chain revolution isn’t coming. It’s already here.
