Kool-ex Partners with IndoSpace
Kool-ex, a leading Pharma Cold Chain Logistics Service Provider has partnered with IndoSpace, the largest investor, developer and manager of industrial real estate and warehousing in India, to build customized, GDP/GWP compliant, temperature controlled, Pharma Distribution Centres across the country. Kool-ex and IndoSpace will jointly design and set up three warehouses in the first phase
Kool-ex, a leading Pharma Cold Chain Logistics Service Provider has partnered with IndoSpace, the largest investor, developer and manager of industrial real estate and warehousing in India, to build customized, GDP/GWP compliant, temperature controlled, Pharma Distribution Centres across the country. Kool-ex and IndoSpace will jointly design and set up three warehouses in the first phase by 2021 in proximity to Mumbai, Delhi and Bangalore. At 42,000 pallet positions in each warehouse, each of these warehouses will be the largest standalone Cold Chain Facility in the country. Kool-ex has plans to set-up 10-11 warehouses by 2023 making it the largest Pharma storage footprint in the country. “The IndoSpace deal is highly opportune, not only for us but also for the whole industry. IndoSpace, with their pan-India network, echoed our vision of creating first-of-its kind, world class pharma storage in India. These units will be equipped with a modern, state-of-the-art temperature controlling system that will ensure the safety of sensitive cargo based on Good Distribution Practice (GDP) and Good Warehousing Practice (GWP),” said Rahul Agarwal, Director, Kool-ex Warehousing Limited.
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