India’s potential as a global cold supply chain hub has never been more evident than in recent years. With the growth of its pharmaceutical and food industries, there is a rising demand for efficient and reliable temperature-controlled logistics. The COVID-19 pandemic served as a wake-up call, highlighting the need for a robust cold supply chain network in the country.
And since then, the cold chain sector in India has witnessed exponential growth. The market size is estimated to be around USD 17 billion and is projected to grow at a CAGR of approximately 12% from 2021 to 2026. This growth is primarily driven by the increasing demand for temperature-sensitive
goods, such as pharmaceuticals and perishable foods. The pharmaceutical industry, in particular, plays a significant role in the cold chain sector, with India being one of the world’s largest producers of vaccines and medicines.