MUMBAI: Despite having one of the largest universal immunization programs (UIPs), cold chain shortages in the delivery of the Kovid-19 vaccine could prove to be a big challenge for India, a foreign broker said on Wednesday.
The 37 million tonne capacity cold chain market in India is very well mentored, and the country does not have a single cold chain operator with a capacity of more than 5,000 tonnes, analysts at BofA Securities said.
“India’s struggle with the Cold Chain for the Kovid-19 Vaccine Despite the huge Cold Chain potential in the world, there are not many participants,” he said.
It can be noted that India is running a widely successful polio immunization program, where the vaccine is shipped at temperatures of 2-8 degrees Celsius and has a dedicated cold chain, which can be reproduced for the Kovid-19 vaccine.
However, the brokerage says the workload is 16 times higher than 600 million doses under UIP.
It costs around Rs 600 to carry a single vaccine. The brokerage estimates the cost and umming that 400 million Indians should be vaccinated, while the overall logistics market is worth Rs 21,000 crore.
However, uncertainty about which vaccine candidates will be approved is the biggest hurdle of investment activity.
For an overall 400 million dose forecast, India will need 30,000 tonnes of transport capacity, which is about 11,500 vehicles, and by 2018, India will have 12,800 such vehicles.
Pfizer and Modern mRNA vaccines require extreme cold temperatures to stabilize, but it can be stored, transported and operated by AstraZeneca (AZDN) / Oxford under standard cooling conditions between 2-8 degrees Celsius. -Everything to carry vaccines at very low temperatures.
Given the low visibility of future capacity utilization, private players are questioning the return on investment (ROI) on such exercises, with analysts and many private companies waiting for clear directions from government and pharma companies.
The production is in Ahmedabad (Cadilla), Pune (Serum), Hyderabad (Bharat Biotech, Bio E, Dr).

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