Setting Up a Cold Storage Facility for Potatoes in Barabanki: A Comprehensive Guide

Setting up a cold storage facility for potatoes in Barabanki district involves careful planning and consideration of various factors. This guide provides a detailed breakdown of the costs, land requirements, and available subsidies to help you make informed decisions.

Cost Estimation

Construction Cost

Central to setting up a cold storage facility is understanding the construction costs. The cost of building a cold storage facility can vary based on the design, materials, and location. As of 2023, the estimated cost for constructing cold storage ranges from Rs. 10,000 to Rs. 15,000 per MT. For a 7,500 MT facility, the costs would be:

Low Estimate: Rs. 10,000 x 7500 MT Rs. 75,000,000 (7.5 Crore) High Estimate: Rs. 15,000 x 7500 MT Rs. 112,500,000 (11.25 Crore)

Equipment Cost

The cost of refrigeration and other necessary equipment can be significant. Plan to add an additional Rs. 2,000 to Rs. 3,000 per MT for this:

Low Estimate: Rs. 2,000 x 7500 MT Rs. 15,000,000 (1.5 Crore) High Estimate: Rs. 3,000 x 7500 MT Rs. 22,500,000 (2.25 Crore)

Land Cost

Land cost in Barabanki can vary widely based on the area and quality of land. Assuming you would need about 1 to 2 acres of land, the cost can range from Rs. 1,000,000 to Rs. 3,000,000 per acre:

Total Estimated Costs (Low Estimate): Rs. 75,000,000 (construction) Rs. 15,000,000 (equipment) Rs. 1,000,000 (land for 1 acre) Rs. 91,000,000 (9.1 Crore) Total Estimated Costs (High Estimate): Rs. 112,500,000 (construction) Rs. 22,500,000 (equipment) Rs. 3,000,000 (land for 1 acre) Rs. 135,000,000 (13.5 Crore)

Land Requirement

For a 7,500 MT cold storage facility, you would generally require about 1 to 2 acres of land. This includes areas for loading/unloading, office space, and possibly other auxiliary facilities.

Subsidy

The Government of India offers subsidies under various schemes, such as the Pradhan Mantri Kisan Sampada Yojana (PMKSY). Subsidy rates can range from 25% to 50% of the project cost, depending on the location and type of project. For Barabanki, Uttar Pradesh, you might expect a subsidy of around 35% on the total project cost:

Estimated Subsidy (Low Estimate): 35% of Rs. 91,000,000 Rs. 31,850,000 (3.185 Crore) Estimated Subsidy (High Estimate): 35% of Rs. 135,000,000 Rs. 47,250,000 (4.725 Crore)

Next Steps

Consult Local Authorities: Check with local agricultural offices or cooperative societies for updated subsidy schemes and land prices. Feasibility Study: Conduct a detailed feasibility study to assess specific costs and requirements. Apply for Subsidy: Prepare documentation for applying for the subsidy under applicable government schemes.

Note: Verify current costs and regulations as they may have changed since this information was last updated.