Life sciences centre opens in Hyderabad
The first temperature-controlled life sciences storage and handling centre (LSEC) in the Hyderabad airport zone has just been opened by Agility. The around 600 sqm facility is located at Rajiv Gandhi international airport to serve pharma manufacturers in the Hyderabad, Goa, Pune, Vishakhapatnam and Bangalore regions.
The LSEC will provide conditioning, preparation and storage of pharmaceutical goods and operate as a control tower for Agility life sciences customers in India.
Detlev Janik, CEO of Agility South Asia, said: “Life sciences is one of the cornerstones of the Indian economy with exports expected to grow by an astonishing 60% in 2017. The LSEC will operate as the primary warehouse for solutions from va-Q-tec, a passive packaging company specializing in high-end, secured cold chain products.
In this context, India’s goods and services tax reform was cited as a source for optimism among executives surveyed. (cd)