New Delhi, Sep 23 (PTI) Kool-ex Warehousing, a pharma cold chain logistics service provider, on Wednesday said it has tied up with industrial and logistics real estate developer IndoSpace to build customised temperature-controlled pharma distribution centres.

The partnership with IndoSpace will help build good distribution practice (GDP) and good warehousing practice (GWP)-compliant pharma distribution centres across the country and thus help the company venture into pharma warehousing, Kool-ex said in a statement.

Also Read | What Is e-Aadhaar? Where and How to Download the Password Protected Electronic Copy of Aadhaar.

Under the partnership, Kool-ex and IndoSpace will jointly design and set up three warehouses in the first phase by 2021 in proximity to Mumbai, Delhi and Bengaluru.

"Kool-ex has plans to set up 10-11 warehouses by 2023 making it the largest pharma storage footprint in the country," the company said.

Also Read | Apple iPhone 12 Series Likely to Be Launched on October 13, 2020: Report.

Kool-ex Warehousing Director Rahul Agarwal said, "Our focus continues on offering high-quality integrated solutions as well as flexibility in adapting to pharma industry's specific requirements with a pay-per-use model."

He added that there is a huge opportunity to consolidate and optimise distribution network to reduce logistics costs.

Kool-ex also said it is set to offer complete pharma passive packaging solutions in partnership with cold chain solutions provider TESSOL, to design and supply passive cooling boxes for movement of sensitive time-bound and temperature-controlled items, such as vaccines and insulins.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)