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Showing posts with the label Warehousing Development and regulatory authority

Budget 2020 – The sprouting hope for warehousing industry

The term Warehouse is almost as old as agriculture. Although in recent, agriculture has seen few major transformation but the post harvest technology and storage is still struggling hard.  Indian  farmers incur loss of Rs 92,651 crore per year in  post - harvest , the primary causes of which are poor storage and transportation facilities. Ironically, to improve the state of storage and transportation facilities for food crops to control the post harvest losses all it need is an investment of Rs 89,375 crore. This is according to a high-level Dalwai committee report, a figure lower than the annual post-harvest losses. About 65-70% of total foodgrains produced in the country are stored at farm level. There are estimates that substantial quantity of foodgrains (about 6.0% to 10% of total production) are damaged due to moisture, insects, rodents and fungi. When Govt is trying hard to double the income of farmers by 2022 they can’t ignore the post harve...

Survival of the fittest- Obsolete

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Warehouse is a place in supply chain where goods sits until information moves them. The importance of warehouse can be ascertained by its origin. It is called necessity is the mother of invention. The warehouse is in fact the second best reason for making human civilize after agriculture. People gradually understood that the life of nomad can be quitted only when there is proper facility of storage. Gradually people worked on it and are continuously developing to make it more efficient and worthy. Current Scenario- India is no different. With civilization the country was pioneer in bringing the idea of storage facilities with various storage structures and techniques. But the development did not match the pace of requirement.  Currently the warehousing is growing at the rate of 10% while the market of warehouse is growing at 35%-40% per annum. The gap between two is very wide. The organized warehouse account for only 15% of total wareho...

"From the house of food security"

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Trade isn't about goods. Trade is about information. Goods sit in the warehouse until information moves them.   (Unknown) A  warehouse  is a  commercial building  for storage of  goods . Warehouses are used by  manufacturers ,  importers ,  exporters ,  wholesalers ,  transport  businesses,  customs , etc. They are usually large plain buildings in industrial areas of cities and towns and villages(Source- Wikipedia). This is the simple definition of warehouse, but its importance and working system is not that plain. It helps all segments of market right from producer to consumer.  Farmers usually don't get the price which they should get. In lump sum we can say the return on investment part for farmers in most of the cases has been discouraging. Why does such problem occurs?  The main reason is glut of farm produce, which mismatches the demand and supply.  What could be the possible so...