ColdEX, cold chain logistic company will be pulling their top line of INR 200 crores yearly. The journey started by Swastik Roadlines by founder Gaurav Jain has become a reliable name in the cold chain solution developers’ world and is offering customized supply chain solutions to the clients. This is serving leading brands and industries ranging from QSR chains, food processing units, meat, poultry, fruit and vegetables, confectioneries and others.
Presently, ColdEX has six warehouses and the process of increasing their storage cold storage capacity from 6,000 pallets to 30,000 pallets in their next 18 months. “We have a large reefer fleet of over 825 trucks and 1,500 drivers. To ensure last mile delivery where products are transported from distributors to consumers via two wheelers, ColdEX is augmenting its fleet of scooters from 10 to 400,” says Gaurav.
This has number of leading names in its clients list and offers logistics and distribution services to their well known global brands operating in India and Subway, Domino’s Pizza, Starbucks, and KFC.
“Last year, we got the first big client for integrated services in the QSR sector: Yum! Brands, which operates KFC, Pizza Hut, and Taco Bell in India,” says Gaurav.
For it KFC, ColdEX offers daily pickups from 80 vendors and will be delivering frozen goods to six brands distribution centers offering -18°C environment. Apart from their QSR, ColdEx has presence in the pharmaceuticals, fruits, and confectionery industry like Nestle India, Amul, Kwality Wall’s and GlexoSmithKline. “Today, we have a top-line of about Rs 200 crore, and sales are growing at 35 per cent annually in the last five years,” says Gaurav.
The segment offering quality solutions here will be making their all desired helps as well. “Furthermore, the business requires strict temperature adherence and there is a huge energy dependence. The cold chain business in India also faces many of the same issues challenging the entire supply chain business globally: serving the market, driving out costs, becoming more strategic, and addressing capacity and resource constraints, all while managing the exacting needs of the sector’s precious cargo,” says Gaurav. Coldex is moving in high quality aspects.