ICICI Securities: The Recipe For Successful Cold Chain Logistics In India
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ICICI Securities Report
We hosted Mr. Sunil Nair, Chief Executive Officer of Snowman Logistics, for a fireside chat.
With 500 plus trucks (300 owned), 24x7 temperature monitoring and over 10,000 pharma pallets, Snowman is ready to handle Covid-19 vaccine storage and distribution.
However, the impetus remains to focus on pharma as a sectoral revenue augmentator, rather than get carried away in capital allocation or return expectation behind Covid-19 vaccine distribution.
Mr. Nair was also categorical on his emphasis for disaggregated capacity creation pan-India and then building on utilisation, rather than chasing scale – given the demand profile of the country.
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