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Market Facilities in Fruits & Vegetables Wholesale Markets In India with Respect to their Investment & Returns. By: J.S Yadav C.O.O. Premium Farm Fresh Produce Ltd New Delhi . Introduction.
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Market Facilities in Fruits & Vegetables Wholesale Markets In India with Respect to their Investment & Returns By: J.S Yadav C.O.O. Premium Farm Fresh Produce Ltd New Delhi
Introduction • Any investor would be interested in knowing the return from various market facilities before hand. • There can be more than 70 different kinds of facilities/activities/services in a wholesale market. • This helps prioritizing/phasing out of developmental activities and optimization of resource allocation.
Methodology • 5 markets were selected viz., Azadpur market, Nashik market, Kolar market, Hassan market, Belgaum market (Delhi, Maharashtra and Karnataka). • Azadpur was selected as it assumes a status of an MNI, while others were selected as their respective Governments have given license for development of Private Market Yard. • Various facilities have been analyzed w.r.t parameters like, current value, maintenance cost, space utilized, rate of appreciation, etc. • The NHM list of Market, Non-Market and Essential Services have been considered as a benchmark.
Market, Non-market and Essential Services • Market services means the provision of the facilities & services at the wholesale market complex which include platforms for trading, electronic auctioning facility, cold storage facility, ripening chamber, pre-cooling unit, facility for sorting, grading, etc. • Non market services means the provision of the user facilities & services at the wholesale market complex which include business service centres, catering services, general retail shops, Hotels & Motels, locker rental, etc • Essential services mean the provision of facilities & services at the wholesale market complex. According to government norms these should be there in the wholesale market. Some of the essential services are waiting rooms, drinking water, cleaning, etc.
Objectives of the study • To assess the existing level and utilization pattern. • To compare various services w.r.t investment, space allocated/utilized, turnover, profits and ROI. • To prioritize services according to ROI. • To compare operation and management models for services.
Current Space Allocation Pattern in Identified Market- Nashik Market
Current Space Allocation Pattern in Identified Market:Azadpur Market
Current Space Allocation Pattern in Identified Market:Kolar Market
Current Space Allocation Pattern in Identified Market:Hassan Market
Current Space Allocation Pattern in Identified Market:Belgaum Market
Maintenance Cost of Different Services/Facilities: Nashik Market
Maintenance Cost of Different Services/Facilities: Azadpur Market
Maintenance Cost of Different Services/Facilities:Kolar Market
Maintenance Cost of Different Services/Facilities:Hassan Market
Maintenance Cost of Different Services/Facilities:Belgaum Market
The Average ROIs for all the Services To make the project viable and sustainable, the government should think of a better offer for the private investors so as to encourage them for investment in the sector.
Existing Operation and Management Models for Different Facilities/Services