IG International to invest $10 mn in cold storage expansion

Fresh fruit importer IG International on Monday said it is planning to invest $10 million to expand its cold storage network in major regional hubs.

"IG International is looking to invest up to $10 million in expanding its cold storage network and plans to open more plants in major regional hubs, including in Delhi, Kolkata and Nashik," the company said.

The company, which has 14 cold storage facilities, recently added a new establishment at Khopoli on the Mumbai-Pune Expressway with an investment of $1 million, it said. IG International imports from 22 countries handling over 31 varieties of fresh fruits.