Logistics firm Agility has opened the first temperature-controlled life sciences storage and handling facility in the Hyderabad Airport Zone.
The 6,000 sq ft Life Sciences Excellence Center (LSEC) at Rajiv Gandhi International Airport will serve pharma manufacturers in Hyderabad, Goa, Pune, Vishakhapatnam and Bangalore.
The centre will provide conditioning, preparation and storage of pharmaceutical goods and operate as a control tower for Agility life sciences customers in India.
Detlev Janik, chief executive of Agility South Asia, said: “Life sciences is one of the cornerstones of the Indian economy with exports expected to grow an astonishing 60% in 2017.
“This new centre will help fast-growing Indian life sciences companies meet the rising global demand for their products.”
The centre will also operate as the primary warehouse for solutions from packaging firm va-Q-tec.
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.
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.
In India, Agility operates from 61 locations and controls 150,000 sq m of warehouse space covering all major ports, airports and inland locations in the country.