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India's retail modernization turns the cold-chain business hot

State-owned Concor to launch cross-country refrigerated rail transport

A 24Seven convenience store in a New Delhi suburb: Godfrey Philips India, which runs the chain, is pursuing aggressive expansion in conjunction with the spread of cold-chain technology. (Photo by Yuji Kuronuma)

MUMBAI -- India's logistics infrastructure is modernizing, with temperature-controlled rail transport and state-of-the-art warehouses set to help unlock multibillion-dollar opportunities.

The government sees the logistics industry growing to $215 billion a year around 2021 -- up more than 30% from 2017 and reaching the equivalent of the Japanese market. The state-owned Container Corp. of India, or Concor, is in the thick of it, as it looks to launch a commercial refrigerated rail service for the domestic market by October.

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