Facility at Hyderabad Airport will serve va-Q-tec as network station for its container rental business
Agility, a leading global logistics provider, with a strong focus on life sciences, is starting another world class temperature-controlled pharmaceutical facility in Hyderabad near the airport. This facility will cater to temperature controlled air shipments while the existing facility at Nhava Sheva – Sea Port Mumbai caters to sea shipments.
The center will operate as the primary network station for va-Q-tec, an advanced passive packaging company specializing in high end secured cold chain products. va-Q-tec’s containers and boxes keep the requested temperature for five days and more without any external energy supply.
Agility’s 6,000 sq ft Life Sciences Excellence Centre (LSEC) at Rajiv Gandhi International Airport in Hyderabad is strategically located to serve pharma manufacturers in Hyderabad, Goa, Pune, Vishakhapatnam and Bangalore. The center will provide conditioning, preparation and storage of pharmaceutical goods and operate as a control tower for Agility life sciences customers in India.
Detlev Janik, CEO of Agility South Asia, said: “Pharma is one of the cornerstones of the Indian economy. Pharma exports are expected to grow an astonishing 60% in 2017. This center is going to help fast-growing Indian life sciences companies meet the rising global demand for their products.”
The LSEC will house va-Q-tec’s inventory, perform quality checks, conditioning and preparation of containers and box packaging for va-Q-tec’s products before the release of packaging for customers.
“Our partnership with Agility is a further example of how va-Q-tec develops and provides transportation systems with accompanying services for life sciences logistics. The cooperation will further strengthen va-Q-tec’s footprint in India, one of the fastest growing pharma exporters”, commented va-Q-tec CEO Dr. Joachim Kuhn.
Global logistics executives recently selected India as the emerging market with the most potential and as the top investment destination for their countries in a survey that was part of the 2017 Agility Emerging Markets Logistics Index. India ranked as the No. 2 overall market in the rankings, which rated 50 countries based on market size and attractiveness, business conditions, logistics and transport infrastructure and connections. The Goods & Services Tax reform was cited as a source for optimism among executives surveyed. China topped the 50-country rankings.
Agility is one of the largest freight forwarders and logistics providers in India. It operates from 61 locations and controls 150,000 square meters of warehouse space covering all major ports, airports and inland locations in the country. In the pharmaceutical sector, Agility helps companies move, store, distribute and manage goods in the highly attractive Indian market and helps Indian companies looking to explore opportunities outside of the country.