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You have learnt that warehousing caters to the storage needs of various types of commodities.
In order to meet their storage requirement effectively, various types of warehouses came
into existence. These are as follows.
(a) Private Warehouses: The warehouses which are owned and operated by the
manufacturers or traders to store exclusively their own stock of goods, are known as
(b) Public Warehouses: The public warehouse is an independent unit which stores goods
of other firms. Any one can store his goods in these warehouses on payment of rent.
(c) Government Warehouses: These warehouses are owned, managed and controlled
by the government. Central Warehousing Corporation of India, State Warehousing
Corporation and Food Corporation of India are examples of government warehouses.
Both government and private enterprises may use these warehouses to store their
goods.
(d) Bonded Warehouses: Bonded warehouses to store imported goods for which import
duty is yet to be paid. These warehouses are generally owned by dock authorities and
found near the ports.
(e) Co-operative Warehouses: These warehouses are set up by the cooperative
societies for the benefits of their members. They provide warehousing facilities at the
most economical rates.
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