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Warehousing

India to allow FDI in cold storage industry

Updated 04:05:00 IST 10 Apr 2012

India plans to focus on technology development through Foreign Direct Investment (FDI) for setting up cold storage facilities in the country to control the loss of vegetables and fruits, according to Anand Sharma, Union Minister of Commerce and Industry.

India to support rural entrepreneurs to create food storage facilities

To store the surplus agricultural produce and to minimise food loss, India government plans to support the rural entrepreneurs with bank loans to create small and mid-size warehousing facilities.

World Container Index: 2 route assessments to be cleared by LCH.Clearnet

The World Container Index is pleased to announce that two WCI route assessments, covering Los Angeles to Shanghai and Rotterdam to Shanghai will now be cleared by LCH.Clearnet.

India's port capacity crosses 1 billion tons

India's port capacity has risen to 1160 million metric tons as of December 2011.