New Delhi, Sept. 29 -- The Department for Promotion of Industry and Internal Trade (DPIIT) worked in collaboration with the Asian Development Bank (ADB) to establish a comprehensive grading and rating standards benchmark for warehouses and cold-chain facilities across the country.

Addressing delegates at the third Logistics, Warehousing and Cold Chain Summit organised by FICCI, Pankaj Kumar, Joint Secretary at the DPIIT, noted that the central government deliberated on the regulatory mechanism governing these ratings.

Officials weighed the operational viability of setting up a formal government oversight body against a model anchored in industry self-regulation, noting that certified units positioned themselves for improved access to st...