Voltas & Besseling Group form Strategic Partnership for better Post Harvest Management

Voltas Ltd has announced that Netherlands based CA/ULO storage technology specialist Besseling-Group and the Company announced the formation of a strategic partnership to deliver turnkey solutions for storage of Horticulture Produce in the Controlled Atmosphere (CA) / Ultra-Low-Oxygen (ULO). The Company will be Besseling-Group’s sole representative in India.

"Serving the Nation through adaptation of the latest technology has always been close to the heart of Voltas. For over five decades, Voltas has developed core competence in offering AC & R solutions to various applications," stated Ravin Sanghavi, AGM - New Business (AC&R), of the Company. "The combination Besseling-Voltas offer is the best post harvest solution for long-term storage of fruits and vegetables," he added.

Considering India is an agrarian economy, the opportunity for post harvest solution is huge. Changing consumer lifestyle and growth of organized retail along with favourable government legislation provides further impetus for growth. The Voltas-Besseling alliance has tremendous scope when one considers the scale and size of the storage solutions market in India, which is as large as Rs 50,000 million. The Company plans on targeting a sizeable chunk of this market and has bagged several projects including Adani project, International Flower Auction Sector in Bangalore, Abhirami in Chennai, Jaya Cold Storage in Tamil Nadu.

Source : Equity Bulls

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