India, renowned as the world's largest producer of milk and the second-largest producer of fruits and vegetables, boasts a substantial production capability in marine, meat, and poultry products. Given the temperature sensitivity of these goods, a robust 'cold supply chain' is imperative for their storage and transportation. In FY 2022, the Indian Cold Chain market reached a staggering INR 1,814.9 Billion, projected to exhibit a noteworthy CAGR of 12.3% during 2023-2028. However, the idea of an 'unbroken cold chain solution' faces hurdles, primarily stemming from inadequate infrastructure and a high-cost scenario. Also, the country’s entire landscape is evolving over the years.
Stepping into this arena is TCI Cold Chain Solutions (TCI CCS) Limited, a dynamic joint venture between Transport Corporation of India Ltd. (“TCI”) and MITSUI & Co Limited (MITSUI). As a prominent player in multimodal solutions and a global leader in logistics and supply chain management, TCI brings its extensive expertise to address the challenges in India's cold supply chain.
End-to-End Integrated Cold Chain Logistics Solutions:
TCI Cold Chain Solutions aims to redefine cold chain logistics in India with a commitment to operational excellence. The focus is on providing seamless cold storage and transportation services for major local and global companies across various industries, including fresh food supply, dairy, quick-service restaurants (QSR), pharmaceuticals, and specialty chemicals. Boasting a handling capacity of over 15,000+ pallet positions across the entire temperature range (-18 to +25 degrees Celsius) & necessary certifications, TCI CCS operates 150+ reefer vehicles strategically positioned in major cities across India. This complements the TCI Group's extensive infrastructure, including 14 million square feet of warehousing space, 6 coastal cargo ships, 3 AFTO trains, 12,000+ trucks, and 750+ ISO Tank Containers.
Recognitions and Affiliations:
TCI Cold Chain Solutions recently secured India's first National Logistics Excellence Award, a testament to its innovation, diversity, and efficiency, as recognized by the Government of India, Ministry of Commerce & Industry, DPIIT. The company is also a proud member of the Global Cold Chain Alliance (GCCA), comprising CEBA (Controlled Environment Building Association), IARW (International Association of Refrigerated Warehouses), IRTA (International Refrigerated Transportation Association), and WFLO (World Food Logistics Organization).
Legacy and Collaboration:
With TCI's and MITSUI's legacies spanning over six and seven decades respectively, their combined subject knowledge positions the joint venture as a stalwart in delivering best-in-class services. The collaboration traces back to the late 1990s when another successful venture, Transystem Logistics International Pvt. Ltd., was formed. This collaboration continues to lead its space, surpassing market standards and reflecting the unwavering commitment to excellence.
As India charts its path to becoming a global hub for cold supply chains, TCI Cold Chain Solutions stands at the forefront, leveraging decades of experience, cutting-edge technology, and a commitment to excellence to ensure the seamless and efficient movement of temperature-sensitive goods.