GMR Hyderabad Air Cargo to offer Blockchain based real-time tracking of vaccine shipments
It will give visibility on location, product quality and safety of vaccine shipments to both the vaccine manufacturer and the buyers enrolled on the ‘VaccineLedger’ platform
GMR Hyderabad Air Cargo (GHAC), a division of GMR Air Cargo and Aerospace Engineering (GACAEL) has announced a partnership with Singapore-based technology startup StaTwig to roll out a new technology based solution for tracking and monitoring of vaccine shipments handled at the airport’s cargo terminal.
The MoU giving effect to the partnership was signed by Saurabh Kumar, CEO-GMR Hyderabad Air Cargo and Sid Chakravarthy and Nrupul Ponugoti, Co-Founders – StaTwig, at Hyderabad today.
Given its well-established position as the major Pharma hub of Indian Air Cargo and one of the primary gateways for vaccine exports from India, GMR Hyderabad Air Cargo through this exclusive partnership will leverage the Next-Gen Blockchain technology to deliver enhanced Track and Trace Solution and real time monitoring of Vaccine shipments at GMR Hyderabad Air Cargo Terminal.
The partnership brings together domain expertise of GMR Cargo and its time-tested relationships with vaccine exporters and Air Cargo trade with StaTwig’s Proven Blockchain platform to help this solution strengthen the supply chain of vaccine exports from India.
The development assumes significance given Hyderabad’s position as one of the biggest vaccine manufacturers globally, with the region set to produce over 3.5 billion doses of COVID-19 vaccine doses over the next couple of years to aid the global battle against the pandemic.
Saurabh Kumar, CEO-GMR Hyderabad Air Cargo said, “We are glad to announce this partnership for launch of VaccineLedger, a first of its kind initiative in Air Cargo Industry in India. This new technology product would enable us to deliver enhanced real-time visibility and status information on vaccine shipments to our customers. We are confident that the combination of GMR Hyderabad Air Cargo’s domain expertise in vaccine handling and StaTwig’s proven Blockchain technology based VaccineLedger platform will further strengthen the vaccine supply chain at this critical juncture in the global fight against the COVID-19 pandemic.”
Pradeep Panicker, CEO-GMR Hyderabad International Airport, said “With this strategic partnership with StaTwig, GMR Hyderabad Air Cargo will further consolidate its position as one of the best gateways in India for vaccine shipment handling. GMR Hyderabad Air Cargo is expanding its capabilities both in infrastructure and technology to cater to the demand in vaccine shipments and is becoming a key facilitator in the fight against COVID.”
SGK Kishore, ED-South, Chief Innovation Officer-GMR Airports, said “Technology and temperature controlled supply chain are crucial elements in the fight against COVID. GMR has always been a pioneer when it comes to leveraging the latest technology to deliver enhanced value and better experience to our customers and airport infrastructure users. This partnership for ‘VaccineLedger’ is in line with the same focus on technological leadership and customer-centricity and we are hopeful that in these crucial times when every single vaccine counts, this strategic step will help ensure safe handling of vaccines.”