FCI to Get Another 8 mt Storage Facility in 18 Months

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The Food Corporation of India is looking to build another 8 metric tonne storage facility in the next 18 months. Currently 51 metric tonnes of space is available in storage facilities when there is a need for storage for 63 metric tonnes. Warehouses are to be built near producing and consuming centers in order to reduce PHL. Additionally, the government is looking at implementing Public-Private Partnership models, as logistics costs consist of about 14% of Indian GDP.

http://www.business-standard.com/article/markets/fci-to-get-another-8-mt-storage-facility-in-18-months-112032500012_1.html

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