You can immediate download the 1000MT Cold Storage Construction project report format template, in MS excel or word / pdf format.
These reports will help you prepare a project report as per your objectives. This report will also be helpful in studying the project and gathering information about the project.
Cold storage is a space or cabin where you can walk in and use the freezer allocated areas for storing your food products and medicines. A cold storage unit is a setup of a refrigeration system that maintains or controls the temperature at a set level. The purpose of cold storage is to reduce microbial growth and for the storage of commodities.
The principle behind setting up a cold storage unit is of two types. It consists of Vapor Absorption System-VAS and Vapor Compression System-VCS, which help set up three types of cold storage units: Industrial Rooms, Modular Refrigerator Rooms, and Combination Refrigerator Rooms.
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Cold storage units are essential for the preservation, storage, and preservation of dairy items and fresh and perishable foods.
Vegetables and fruits are grown in large quantities in India. Over the years, India has progressed with great success by increasing exports in ready-to-serve beverages, fruit pulps, fruit juices, vegetable products, and other treated fruits. Even though we have made progress, due to the non-availability of proper storage facilities in India, one-third of the horticultural goods worth 500 billion annually is wasted. Improper lifting also contributes to the wastage of items.
Recently you must have noticed the sudden increase in the prices of vegetables and fruits in the market. This is due to improper storage facilities, which drive the prices to their high and unpredictable levels. Cold storages are essential to maintain proper steady growth in the market, storing vegetables and fruits without spoilage.
As a result, cold storage appears to be a viable business with significant growth potential, as the demand for perishable foods such as dairy products, vegetables, and fruits continue to climb. Instead, this segment has some problems as there is a little struggle in dealing with the infrastructure and fresh produce.
The estimated production of vegetables and fruits per year in the country is about 130 million tonnes, and it accounts for 18% of our agricultural crop. Most of the production is wasted due to a lack of proper storage facilities, and cold chain units are becoming a significant problem in tapping the vast capacity. Cold storage facilities are currently available in large proportion except for items like potatoes, apples, oranges, pomegranates, grapes, flowers, etc., which lead to poor utilization for storage.
To create a cold storage business, you must have a cold storage business plan and alert operations. There should be a project report estimating the essential fundamentals in this business to formulate a company plan. You have to choose the unit size based on your savings.
A business plan provides you with many ideas and will not let anything slip you regarding the project and helps you in many ways from now on. It also enables you to locate finances and assurances to properly execute business measures and ease your business operations.
These are the critical factors that will influence you to build a faultless cold storage unit in India. These comprise-
Food safety license is mandatory for all food business operators under section 92 of the Food Safety and Standards Act, 2006 and more prominently to the Food Safety and Standards Regulation, 2010. This license satisfies the terms of cleanliness, safety, and agreement. Sanitary conditions under the Act’s rules and regulations.
The registration or licensing category for a cold storage unit is determined by the storage capacity and turnover of the facility.
The following aspects have to be kept in mind while granting permission to obtain a license for the establishment of the proposed cold storage:
The license fee for a cold storage unit in India includes the following. It is mainly based on the cold storage volume of the unit. A unit with a capacity of 1,000 metric tonnes will cost approximately Rs. 1,00,000.
Land and Land Development: Rs. 25,00,000.
Building:
A) Civil Work – Rs. 50,00,000.
B) Steel Racking System – Rs. 25,00,000.
Plant and Machinery for 1000MT Cold Storage
Refrigeration System: Rs. 2,00,00,000
Electrical Installation
a) DG Set 450 KVA – 1 No. Rs. 25,00,000
b) Electrical Cables & Control Panel Rs. 2,00,000
The total project cost for a 1000 MT cold storage facility is Rs. 3,27,00,000.
Profit in 1000 MT Cold Storage
Storing Charges Received: Rs. 2,00,00,000.
Expenses for one year
Staff required for 1000MT Cold Storage
Salary payments totaled Rs. 75,00,000 per year.
Interest (term loan): Rs. 30,00,000
Depreciation: Rs. 45,00,000
Power & fuel: Rs. 12,00,000
Other manufacturing expenses: Rs. 5,00,000
Administrative expenses: Rs. 3,00,000
Total annual costs for a 1000MT cold storage unit are Rs. 1,70,00,000
Net Profit : Rs. 30,00,000.
Break Even Point
Total fixed cost: Rs. 1,20,00,000
Total contribution: Rs. 1,60,00,000
Break Even Point (%): 75%.
Globally, the use of fresh vegetables and fruits is widespread. Generally, countries growing food crops account for the largest share of new food waste. Cold storages are essential for increasing shelf life, duration of marketing, preventing over drying, post-harvest losses, reducing transport constraints at peak production times, and maintaining product quality.
It mainly helps in providing attractive costs to the farmers and providing agricultural products at an affordable range to the customers, which will surely be helpful for the farmers and the customers. Additionally, lifestyle changes and the demand for processed or packaged foods have led to a growing global need for cold storage alternatives.
The government is encouraged by providing subsidies to set up cold storage chains close to agricultural farms to preserve food products. It is regulated by the Ministry of Food Processing Industries in India (MOFPI). Depending on the geographical location in which you want to set up the unit, the government is helping around 50-75% of the expenses along with machinery installation, technical works, construction works, etc. However, the total amount to be sanctioned shall not exceed Rs. 100 million.
Table of Contents
Apart from this, all the information is being provided. To help in preparing project reports.
In our project report format, we cover technology details, its diagrams, flow chart etc. as and when required or deemed fit to include. Also, prepare in-depth financial calculations which is necessary for the Investor/bank.
You will get the report data 1000MT Cold Storage in PDF or MS word. Which you can use easily. You can also modify the information according to your need. You will be able to access the data easily according to the your requirement. Additionally you can easily convert the data to PDF format.
Cold Storage 5000 MT Sample Project Report Format
In addition to those who want to prepare project reports themselves.
