Kool-ex has partnered with IndoSpace to build customised, Good Distribution Practice (GDP)/and Good Warehousing Practice (GWP) compliant, temperature controlled, Pharma Distribution Centres across the country. The spread of services will include warehousing, secondary distribution, passive packaging and blockchain for end-to-end tractability of pharma products, apart from its core existing business of providing temperature-controlled transportation.
IndoSpace has pan-India network of Grade A warehouses, and the partnership with Kool-ex will enable IndoSpace to venture into pharma warehousing. As part of the deal, Kool-ex and IndoSpace will jointly design and set up three warehouses in Phase-I by 2021 in proximity to Mumbai, Delhi and Bengaluru. Kool-ex has plans to setup 10 to 11 warehouss by 2023, making it the largest Pharma storage footprint in the country.