Mumbai, February, 2021.
Air
conditioning and commercial refrigeration major, Blue Star Limited, with a rich
pedigree of 77 years, has been offering a wide spectrum of commercial refrigeration
products and cold chain equipment catering to various segments such as Pharmaceutical
and Healthcare, Agriculture, Dairy, Ice-cream, Processed Foods, Hotels,
Restaurants, Fast Food Chains, Quick Service Restaurants, and Retail Outlets, besides
several institutional clients.
The Company’s commercial refrigeration products and solutions are integral to, and extensively used in, processes at most of the eminent players in the Pharmaceutical and Healthcare sectors. Blue Star has a market share of around 60 to 70% in the Pharmaceutical and Healthcare segments in its addressed product categories such as modular cold rooms, medical freezers, ultra-low temperature freezers, pharma refrigerators, and blood bank refrigerators.
Post
COVID, uptick in demand
Post COVID, Blue Star has been witnessing an uptick in demand for its commercial refrigeration products and solutions from across the above mentioned segments and especially from the Pharmaceutical and Healthcare segments. The increase in demand is expected to continue further and this combined with the Aatmanirbhar Bharat push, will unfold enormous opportunities for Blue Star.
Launch
of new and innovative products for vaccine storage
To further
support the Pharmaceutical and Healthcare sectors, the Company today announces the
launch of a new range of commercial refrigeration products and solutions which
are ideal for storing vaccines. These comprise specifically designed,
temperature controlled refrigerators and transporters, which are integral for
building a robust ecosystem for vaccine distribution in India.
ü Ice Lined Refrigerators (+2°C to +8°C):
Ideal for vaccination programmes due to their
ability to maintain a desired temperature even without power for up
to as long as 48 hours, ensuring lower spoilage of vaccines while in storage
through inevitable power cuts.
ü Vaccine Transporters(+8°C to -20°C): Perfect for transport of vaccines to remote corners of the country since they maintain desired low temperatures even while in transit by working off the battery of any four-wheel vehicle.
Roll-out
of new and innovative products for ensuring hygiene
The Company also announces
the launch of its new range of water coolers and water dispensers which are
designed to help maintain hygiene. They comprise the following:
ü Touchless Storage Water Coolers: Ideal for use at sites where the chances of
infection spreading through touch are high, since they dispense
water merely on sensing movement near the tap, allowing for touch-free operation.
ü Softpush Bottled Water Dispensers: Another innovative water dispensing solution that needs just a gentle push with the glass to dispense water, ensuring no contact of hands on machine.
Products
and solutions across the entire cold value chain
Apart from the new
launches, the Company’s existing range of commercial refrigeration products and
solutions is extensive and includes deep freezers, bottle coolers, storage
water coolers, bottled water dispensers, visi coolers, modular cold rooms,
commercial kitchen refrigeration equipment such as reach-in coolers/freezers,
under counters, saladettes, back bar chillers, blast coolers and freezers,
medical refrigeration equipment such as medical freezers (upto -20°C),
ultra-low temperature freezers (-86°C), pharma refrigerators (+2°C to +8°C),
blood bank refrigerators, mortuary chambers, and supermarket refrigeration
equipment such as multideck chillers, upright freezers, and island
coolers/freezers, covering all that is required in a typical supermarket.
The Company’s refrigeration products are well known for quality,
reliability and durability, and have earned the trust of millions of customers,
making Blue
Star one of the significant players in this industry.
Manufacturing
and R&D prowess
Blue Star’s
manufacturing footprint spans five state-of-the-art manufacturing facilities. The
Company also has one of the best AHRI-certified R&D facilities in India
with the largest talent pool of engineers. This has helped the Company in
incorporating cutting edge technologies in all its new product developments.
The
Company’s manufacturing facilities at Wada and
Ahmedabad are dedicated to manufacturing its
wide range of commercial refrigeration products.
New plant set-up at Wada: The Company, with a CAPEX of around Rs 130 crores, is in the process of setting up a new plant at its existing facility at Wada to expand the manufacturing capacity of its deep freezers and storage water coolers, to cater to the rising demand for commercial refrigeration products as well as leverage on the Atmanirbhar Bharat Abhiyan. With the new plant, Blue Star will be doubling its production capacity for deep freezers. This new plant, being constructed on a built-up area of around 19,300 sq m, will have a capacity to produce around 2,00,000 deep freezers and 1,00,000 storage water coolers per annum. It is in the advanced stages of completion and is likely to be commissioned towards the end of this year.
Eco-friendly
technologies
The
Company endeavours to adopt eco-friendly technologies in the manufacturing of
its products. In fact, Blue Star is the first company to have adopted eco-friendly
technologies for the manufacturing of PUF panels. Besides, its range of products uses
eco-friendly refrigerants too. The Company continues to get recognised by the
Indian Government for adopting greener technologies.
Widely
penetrated distribution and service network
Besides, the Company has an
extensive network of channel partners as well as service associates across the
country.
The Company’s range of commercial
refrigeration products and solutions are sold through specialized channel
network, trained to understand customer needs, capable of installation and
after-sales service. Currently, Blue Star has around 1500 trained channel
partners for commercial refrigeration, spanning across cities in India, with
50% of them present in Tier3, 4, 5 and 6 markets. The Company continuously
invests in training and skilling its channel partners.
On the Service front, Blue
Star is the country’s largest after-sales air conditioning and commercial
refrigeration service provider with a spectrum of world-class customer service
solutions and other value-added services. The Company has a countrywide 24x7 commercial
refrigeration service network, with backup infrastructure, to cater to the service
needs of its clients. Backed by its value proposition of Gold Standard service
delivery, Blue Star has extensively expanded its service reach to Tier2, 3 and
4 towns and is currently serving to 3900 towns. The Company has inducted more
than 150 service crew vans at a PAN India level to enable commuting of its service
technicians to various customer sites within the stipulated targeted response
time. Besides, Blue Star is the only brand to introduce refrigerated vans at
six key locations to be used as standby at customer premises during major
repairs.
B Thiagarajan, Managing
Director, Blue Star Limited, adds,“The need for commercial refrigeration in
India is increasingly becoming vital across industries be it for Pharmaceutical
or Healthcare, Agriculture, Hospitality, Food Processing, or Dairy, amongst
others. Infact, compared to the developed countries, commercial refrigeration
adoption in India is only at a sub-5% level, which translates into huge
opportunities for us.
“Currently, with India’s Pharmaceutical and
Healthcare sectors witnessing heightened momentum due to the roll out of the
vaccination drive and enhanced thrust by the Government to build a future-ready
robust healthcare ecosystem, the demand for these products and equipment is witnessing
a rapid uptick.
“With our proven prowess in this arena, we have
been successfully catering to the varied and evolving needs of cold chains
across industries.”