On Monday, fresh fruit importer IG International announced the launch of its new cold storage facility in New Delhi with an investment of Rs 400 mln (€4.8 mln).
''The Delhi 3,000-sq metre facility, with an investment of Rs 400 mln, is our 17th facility across the country. With this, we intend to expand our footprint in India in collaboration with JM Baxi with similar cold chain terminals,'' IG International Director (Finance and Operations) Tarun Arora said in a statement.
IG collaborated with integrated infrastructure and shipping company JM Baxi Group to build world-class storage facilities to reduce lead-time. Besides Delhi and Mumbai, the company's other cold chain facilities are located in Panvel, Bengaluru, Chennai, Ganaur, Chandigarh, Jaipur and Amravati. It is said that IG International has further plans to expand across India.
