What is cold storage business?
Cold storage is a place where people store their vegetables, meats, potatoes, fruits etc. for safe keeping. Large machinery is kept in cold storage, so that the food items kept in it are safe and fresh. When we keep any of our customers’ food items in their cold storage, then we charge our customers to keep it for a limited time instead. This is the business of cold storage.
Market demand for cold storage business
This is a business whose demand remains in almost every region. Nowadays the number of cold storage is very less and in such a situation the government is also providing assistance to the people for opening cold storage. Therefore, it is right to trade cold storage from this point of view and demand will always be there.
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Location and machinery required for cold storage business
If you really want to start the business of cold storage, then you will need the necessary machinery to keep the place related to this business cool, where you will store all the things. All types of machinery related to this trade will be found on the official website of IndiaMart. Apart from this, to install all these machines and to store all the items, you will need a big and long space. You can start cold storage anywhere, but you will need a big space to store everything.
License and Registration for the Business of Cold Storage
If you start this business at a small level, then for this you do not need any kind of license or registration. If at the same time you want to start this business on a big level, then for this you will have to contact the small scale industry department near you. You will have to complete the work related to it by obtaining the necessary license or registration related information from there.
Staff member selection for cold storage business (Staff)
Although we will not require much staff member in this trade, but some staff member or labor will be required to take care of machinery and storage items and to move them from one place to another. Therefore, you can choose the member running your business in a local market near you and can also give them some small training to handle your business.
Investment to start cold storage business
If you want to start this business from a big level, then for this you will have to invest at least Rs 50 lakh to Rs one crore. If you start it from a small level, then you have to invest between 20 to 50 lakh rupees.
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Government’s help for cold storage business (Govt. Help)
To start the business of cold storage, the Government of India will provide loans at a subsidy rate of 50% per cent to the people of about Rs 10 lakh to Rs 10 crore. With this great help, anyone can start their own business of cold storage.
Marketing of cold storage business
Marketing your business is very important to you because only then people will know about your cold storage and then your business will be able to run. In the business of cold storage, you should take a little less charge on people’s storage items in the beginning and provide information about your business to people through templates and posters.
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Risk in cold storage business
As we have already told you that this business has the highest demand. This is a trade that is always going to run for 12 months, that is, you are not going to get any risk in this trade.
Profit from the business of cold storage
By starting the business of cold storage, you can easily make income between at least 50 to 70 thousand rupees every month. When your business starts catching up gradually, then your income from your business will also start increasing more than before.
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By starting the business of cold storage, you can start a good money-making business right from home and this business is going to be the most in-demand, then you will always get profit from this business.
FAQ
Q: Do we need to register to start the business of cold storage?
Ans: You will need to register to start the business of cold storage.
Q: Where to register to start the business of cold storage?
Ans: For this, you can register with your nearest industry department.
Q: How much investment will be required to start the business of cold storage?
Ans: To start this business, you may have to invest between at least 50 lakh rupees to one crore rupees.
Q: Where can I start a cold storage business?
Ans: You can start the business of cold storage from anywhere.
Q: How much can you benefit from the business of cold storage?
Ans: 50 to 70 thousand rupees every month.