ICICI Securities: The Recipe For Successful Cold Chain Logistics In India 
Boxes containing vials of Covid-19 vaccine. (Photographer: Andrey Rudakov/Bloomberg)

ICICI Securities: The Recipe For Successful Cold Chain Logistics In India 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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.

Click on the attachment to read the full report:

ICICI Securities Logistics Sector Update.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

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