Central Warehousing Corporation signs MoU with SBI
The collaboration will help to build an integrated cold chain on a PAN India basis at covered/open space either through retrofitting by developing a new facility in the open land of CWC.
New Delhi: Central Warehousing Corporation (CWC), a CPSE public Warehouse operator signed an MOU with multinational public sector bank State Bank of India (SBI) on February 22, 2022, aimed at bringing much required financial assistance through loan facility to suitable private investors/ developers/ operators for setting up the cold chain and value-added infrastructure at CWC facilities.
The collaboration will help to build an integrated cold chain on a PAN India basis at covered/open space either through retrofitting by developing a new facility in the open land of CWC for value addition processing & preservation infrastructure on a long-term basis to directly benefit the private investors.
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