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Food storage offers opportunities for project developers

By A Business Correspondent

The problems of being faced with another bumper agricultural output provides project developers with yet another opportunity to build storehouses and silos for stacking food grain in the country. Currently, the country's three leading storage agencies account for 61 million tonnes of the total 78 mt capacity. The capacity of Food Corporation India, Central Warehousing Corporation and 16 state Warehousing Corporations is given in the table.

Compared to the position on March 31, 2000, FCI has added a negligible capacity to its own stock preferring to hire out 6.7 mt storage capacity. This was, in fact, the largest capacity hired by the corporation in the last five years.



FCI has already initiated an exercise to create additional storage facilities through the private sector. Seventy-eight locations in 14 states have been identified for the same. Punjab and UP between them have around 42 per cent of the total available capacity. Haryana, Maharashtra Andhra Pradesh and Tamil Nadu have around 20 mt capacity. Bihar, Chhattisgarh, Jharkhand and Uttaranchal do not have any significant storing capacities despite the higher consumption demand from these states.


For more details please refer to Projectmonitor Prinit Version.

(1/5/02)



 

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