Mumbai, October 18, 2016: YES BANK, India’s fifth largest private sector bank, launched a white paper on ‘Innovations in Cold Chain – The Dairy Value Chain Perspective’ at the India Cold Chain Conference in Mumbai. YES BANK was a knowledge partner for this two day exhibition and conference organized by Reed Manch Exhibitions that focuses on cold storage infrastructure, IT solutions for cold storage, material handling solution and cold supply chain.
Dairy is amongst the key sectors contributing to temperature controlled storage and transportation in India currently. Of the total volume stored in multipurpose storage systems, dairy products (including ice cream) contribute close to 20% share, which amounts to approximately 1.64 million MT (2015-16 E). As a part of YES BANK’s knowledge banking approach that is committed to the holistic development of the Food and Agribusiness sector, a specialized ‘Food and Agribusiness Strategic Advisory and Research’ (FASAR) team has come up with this white paper on innovations in cold chain. The report provides an overview of the dairy industry in India, dairy supply chain structure, profiling of major stakeholders, and some innovations in the dairy cold chain space.
The white paper was launched by chief guest Dr. A.K. Singh, Managing Director, National Horticulture Board (NHB), Dr. R.K. Sharma, Agribusiness Specialist and Former Director, National Horticulture Board, Govt. Of India and Core Expert FAO, UN, Mr. Wouter Verhey, Counselor of Agriculture India, Embassy of Netherlands and Mr. Mahinder Swarup, President, Federation of Cold Storage Association of India.
Talking about the white paper, Mr. Nitin Puri, Senior President, Food and Agri Strategic Advisory and Research said, “Through YES BANK’s expertise in food and dairy sector, we have realized that there is a need to update the cold chain technologies and practices. On the occasion of India Cold Chain Show, we have launched the white paper ‘Innovations in Cold Chain – The Dairy Value Chain Perspective’ to initiate a seamless exchange of knowledge amongst stakeholders involved in the dairy cold chain domain including the industry as well as policy makers.”
About YES BANK
YES BANK, India’s fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.
YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “BUILDING THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA”.
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