NEW DELHI, Mar 22: India’s foodgrain production is projected to reach approximately 368 million tonnes (MT) by 2030-31, according to a report released by PHD Chamber of Commerce and Industry, highlighting the growing need for robust storage infrastructure to support the country’s agricultural expansion.
The report observed that while production levels are steadily rising, the existing storage capacity remains inadequate to handle the anticipated surge.
It stressed that without timely upgrades in warehousing systems, a significant portion of produce could be exposed to post-harvest losses, affecting both farmers and overall food security.
Emphasising the urgency of the situation, the industry body called for a quick-response policy framework that would encourage private and institutional investment in modern storage solutions.
It noted that silo-based warehousing systems, equipped with advanced technology, can play a crucial role in reducing wastage, improving grain quality, and ensuring efficient supply chain management.
The report titled ‘Foodgrain Warehouse Market in India 2025-2030’ serves as a comprehensive financial pre-feasibility study, offering a ready-to-use model for investors and stakeholders interested in the agriculture warehousing segment.
It translates extensive market research into actionable insights, enabling better planning and execution of storage infrastructure projects.
Rajeev Juneja, President of PHDCCI said, “A technology-driven storage infrastructure is essential to support India’s transition toward a more efficient agricultural value chain to reduce wastage and creation of value added products both of domestic as well as export markets.”
According to the findings, India’s transition towards scientific storage methods is essential not only to meet domestic demand but also to strengthen its position in global agricultural trade.
The report further underlined that investments in modern warehouses would generate employment opportunities, enhance rural infrastructure, and support farmers by providing better price realisation through reduced spoilage.
The chamber also pointed out that aligning warehousing development with government initiatives in agriculture and logistics could accelerate sectoral growth.
It suggested that policy support, ease of financing, and public-private partnerships would be key drivers in bridging the current storage gap.
With foodgrain output expected to rise significantly over the next decade, the report concluded that building a resilient and efficient storage ecosystem will be critical for sustaining India’s agricultural growth trajectory and ensuring long-term food security.
(UNI)
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