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Apr 16, 2007

Markets * India - New refrigeration tech on trucks now

Retail players can look forward to lower costs

Mumbai,India - Business Standard, by P R Sanjai -April 16, 2007: -- "India will need at least 4000 to 5000 refrigerated trucks in next three years as the market is growing big with global food retail chains are entering into India," says Ajay Gupta, Director, Commercial Engineers & Body Builders Co (CEBBCo)... This is the findings of a study carried out by CEBBCo with the help of Indian Institute of Management (IIM) of Indore... Jabalpur-based CEBBCo, a flagship company of JN Group of Industries, is the leading maker of vehicle bodies apart from refrigerated vans. The need for refrigerated vans is driven by economics. Every year, India wastes over 30 per cent of the fruits and vegetables owing to shortage of proper cold chain infrastructure...

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