The future of the cold storage market in India appears promising, particularly with the increasing focus on reducing food wastage and improving infrastructure. Despite being the second-largest producer of fruits and vegetables globally, India has struggled with significant post-harvest losses due to inadequate cold storage facilities. However, thanks to government initiatives and technological advancements, growth in the number of cold storage facilities has effectively helped.
Essvy Cold Storages is a trailblazer in the market, well-positioned to lead the way and drive further growth and advancements in the field of cold storage services. With a rich history spanning over two decades, the company has con-sistently delivered quality services and embraced innovation. Essvy is a pioneer cold storage player in Byadgi, capitalizing on its first-mover advantage.
With a consistently high annual facility utilization rate of 90-95 percent, the company has emerged as a trusted partner in meeting the storage needs of the region. Currently, the company operates two strategically located storage units within the vibrant red Chilli APMC yard of Byadgi, with capacities of 1.1 lakhs bags and 1.5 lakhs bags respectively.
However, in response to the escalating market demand, Essvy Cold Storages is now preparing to construct a new state-of-the-art facility to ensure continued growth and service excellence.
Apart from storage services, Essvy Cold Storages distinguishes itself by providing a range of value-added services. These include a drying yard for farmers and traders to remove moisture content, all-weather covered sheds for loading and unloading during monsoon season, stock finance options for selected customers, pest and rodent elimination methods through partnerships with leading solution providers, efficient horizontal lifts and conveyor belts for rapid stock movement, solar-powered infrastructure to reduce carbon footprints, comprehensive fire safety measures, dedicated fumigation chambers, and remote monitoring of temperature and humidity settings.
Essvy Cold Storages understands the importance of catering to individual client requirements. The company meticulously plans each step of client acquisition and engagement, ensuring customized solutions. With a team of 20 experienced professionals spanning various domains, Essvy Cold Storages is now in its second generation of business, embracing new technological advancements and continuously innovating to meet evolving client demands. “Today, Essvy Cold Storages is known for the quality, innovation, and timely services we offer to our clients across geographies", adds K. Siddartha, Manging partner.
Expanding Horizons
Essvy Cold Storages stands as a shining example of success in the cold storage industry. Under the guidance of Siddartha. K and Uthej. K the Managing Partner and partner respectively, and the support of Venkata Rao. K (Founding Partner), Ramana Murthy. K (Founding Partner), and Deepika. K, the company has excelled in providing superior cold storage services. With its pioneering spirit, strong leadership, commitment to quality, client-centric approach, and continuous innovation, the company has not only contributed to the development of cold storage infrastructure in Byadgi but has also established itself as a trusted partner for renowned brands and local traders alike.
Building on its successful track record in the cold storage industry, Essvy Cold Storages is poised for further growth with the acquisition of an additional 4.5 acres of land. Located near Kakol Village on the Pune Bangalore Highway, this new facility represents a significant step towards integrating advanced services and enhancing operational efficiency. By incorporating cutting-edge features such as an in-built weighbridge, reduced traffic waiting times, unrestricted vehicle movement due to its highway location, state-of-the-art fire safety systems, remote sensor monitoring, and increased greenery, Essvy Cold Storages aims to set new standards in the industry.
