Agility eyes Hyderabad expansion
The growth strategy is in line with the decision of Agility’s global strategy team (in Switzerland) to develop five Delivered Duty Paid (DDP) centres in India covering key pharmaceutical markets
Hyderabad: Agility India, a part of the Kuwait-based global logistics provider Agility, is keen to expand its presence in Hyderabad, including exploring opportunities for investment in the upcoming Hyderabad Pharma City.
The growth strategy is in line with the decision of Agility’s global strategy team (in Switzerland) to develop five Delivered Duty Paid (DDP) centres in India covering key pharmaceutical markets-Hyderabad, Mumbai, New Delhi, Bengaluru and Ahmedabad. There is a significant investment allocated for life sciences growth at Agility and Hyderabad will remain one of the prime markets.
Satish Lakkaraju, chief commercial officer, Agility India, told Telangana Today, “We have been talking to Telangana government. We have visited the Hyderabad Pharma City location. We have been in talks with the State Industries Minister KT Rama Rao. We are aware of the potential that is likely to come out of the Pharma City. Agility is keen to explore the opportunity surely.”
Agility India is a Rs 1,500-crore company, operating in the country in over 40 locations with 600 employees. Pharmaceutical industry is one of the core industries of focus for the company, with its priority to patient safety.
The company has established a life sciences excellence centre in 2017, at Rajiv Gandhi International Airport, near Amazon fulfillment centre in Hyderabad. The temperature-controlled life sciences storage and handling facility in Hyderabad Airport Zone operates as the primary warehouse for solutions from va-Q-tec, an advanced passive packaging company specialising in high-end, secured cold chain products.
Lakkaraju said, Hyderabad has its own demand being a pharmaceuticals hub. The 6,000 sq ft centre caters to companies not only in Hyderabad but from Visakhapatnam, Bengaluru, Pune and Goa.
He explained, “The existing Hyderabad life sciences centre of Agility provides an end-to-end seamless solution to pharma companies for cargo shipment. Earlier, pharma companies used to send the cargo from their factories to airport in reefer trucks, cargo used to get offloaded at the airport and from there the cargo used to get uplifted, resulting in certain temperature loss. We prepare the box, send it to the shipper, and the shipper will put the cargo in a container and locks and seals it. The container is not opened anywhere till it reaches the ultimate consignee. There is no financial loss under any circumstances.”
All the pharma companies including Dr Reddy’s, Aurobindo, Hetero, MSN Laboratories, Teva and Pfizer are using the services of Agility. The activity what started with 100 boxes two years ago has reached 280-300 boxes in 2019. This number is expected to double with the acceptance and adoption of the product. There are repeat orders from major pharma companies.
Going forward, Agility would like to expand to Gujarat in 2020-21, as the State is another major cluster for pharmaceuticals, Lakkaraju informed.
He further adds that with the Finance Minister Nirmala Sitharaman in the recent Budget laying emphasis on Krishi Udyan scheme, it is evident that there needs to be a lot of effort to help the farm sector. Agility has partnered with Del Monte for handling fresh food (fruits and vegetables).
On the logistics parks front, he said, Agility through its business unit Agility Logistics Parks is keen on exploring opportunities to establish logistics parks and clusters across India. The business unit has land parcels in Nagpur, Pune, Chennai, Ahmedabad and the NCR region, and they could be explored for establishing these parks. There is also push from the Centre in the form of a national logistics policy. The company has already created logistics parks in Middle East and Africa, and is keen to replicate the model in India.
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