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I am a mechanical engineer and keen on setting up a cold storage or ware house in Nizamabad, Andhra Pradesh for the nearby agri products. plz help me with the below queries:
1)Any idea about the market condition in Nizamabad, AP.
2)As per my observation there are very few cold storage firms in this region, any idea why is this?
3)What would be the ROI in the middle to long term(4-7 years period of time)?
4)can u provide with me any project report on this sector( I would be very grateful if u can share with me)?
5)I am an Engineer at Indian Oil Corp Ltd and planning to leave this job to get into business (your personal opinion is solicited on this question plz!!)
6)I have been thinking of starting up businesses Which would require capex in the range of 50lac to 2 crore ( Do u feel are there are any better options than this)?
My decision was based on the facts that severe food inflation, not enough storage facilities for agri products, Future deployment for the MNC retail firms which may make their way in india after the FDI relaxations in Retail sector. Finally being a mechanical engineer professionally and also Heat transfer and refrigeration are close to my heart since my graduation days, which might keep me alive in this field and sustainable over the long period. Thank you, Rakesh k Gampa.
P.s: i have been searching for the project reports related to cold storage businesses, but haven't found something substantial. It would be very kind of you to help me in this aspect.
1. market potential survey,
2. details of machinery,
3.transport requirements,
4. Capital investment needed,
5.subsidies & loan assistance,
6.category wise manpower requirement,
7. power including standby arrangements.
8. rental rates of such facilities,
9. annual maintenance cost,
10. rolling capital requirement.
11. wastes disposal arrangements needed and any other unspoken requirements.
kindly guide in this matter.
Ph: 9433097129