Peli BioThermal, the global name in temperature controlled packaging solutions, announces the opening of its latest service center located in India. The new service center is based in Ahmedabad, a major manufacturing hub for pharma companies in the Western part of India.
Peli BioThermal’s new India facility is its latest in the company’s ongoing plans to add new service centers to support its expanded offerings, growing its already robust and unmatched global network.
The new site is a full service network station offering conditioning and refurbishment services for Peli BioThermal’s Crēdo™ Cargo and Crēdo Xtreme™ bulk shippers to meet the region’s rising requirement for the company’s Crēdo™ on Demand rental program.
“This is the latest development of our rapidly expanding Crēdo™ on Demand rental program,” said Dominic Hyde, Peli BioThermal Vice President – Global Services. “Ahmedabad is a key site where more than eight of India’s largest pharma companies have multiple plants operating, which are all major exporters to markets in Europe and the U.S.
An increasing number of leading pharmaceutical companies are located in Ahmedabad including Astra Zeneca, Swiss Pharma and Torrent Pharma. Served by an international airport, Ahmedabad is an important economic hub where numerous pharma companies have R&D facilities based to introduce new products to the market.
It is estimated the state of Gujarat, where Ahmedabad is located, accounts for approximately 30% of the country’s pharmaceutical production and exports. Within the global pharma market India provides more than 50% of the worldwide requirement for various vaccines and 40% of the demand for generic products in the United States.
Peli BioThermal is a division of Pelican Products, Inc., which is a portfolio company of Behrman Capital, a private equity investment firm based in New York and San Francisco.