How ColdEX, a cold chain logistics company, pulls in a top line of INR 200 crore annually

Gaurav Jain is a gritty entrepreneur. He entered the world of business in 1999 by
joining Swastik Roadlines, a trucking company setup by his father along with two
others. Started nearly three decades ago, Swastik was well established but its business
majorly relied on one big client — JK Tyres. When that client went away, the company
suddenly hit a wall and that is when young Gaurav took the matter in his hands. He
found an opportunity with cold chain logistics and made a huge bet in that direction.
Cadbury was their pilot client and that deal helped them turn the tide. Over the years,
Gaurav transformed the company from a dry logistics to a cold chain business. Swastik
Roadlines started operating under the brand name ColdEX Logistics from 2007.

Today, ColdEX is a leading integrated cold chain logistics company providing end-to-
end customised supply chain solutions to client. ColdEX serves leading brands, catering
to almost all industries from QSR chains, confectioneries, food processing units,
pharmaceutical, meat, poultry, fruits and vegetables, etc. Presently, ColdEX has six
warehouses (five leased, one owned) and is in the process of increasing its cold storage
capacity from 6,000 pallets to 30,000 pallets over the 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.