• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Monday, October 27, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Companies

PLUSS Receives Funding from SAMRIDH to Expand Production of its Temperature Controlled Pharma Shipping Box

by Economy India
October 14, 2021
Reading Time: 3 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
SHARESHARESHARESHARE

The support will benefit populations in far-flung areas where it is a considerable challenge to maintain

Pluss Advanced Technologies (PLUSS) has received support from SAMRIDH, a healthcare blended financing facility, to increase the manufacturing capacity of its ‘temperature-controlled shipping containers for pharmaceuticals. PLUSS makes these containers from ‘phase change materials using the concept of thermal energy storage, to maintain inside temperature without electricity at desired levels for up to 120 hours.

ADVERTISEMENT

The containers, called Celsure, are used in the transport and storage of temperature-sensitive pharma products, including vaccines. Through an innovative financing model, SAMRIDH leveraged philanthropic funds to help PLUSS raise the commercial capital needed for the expansion of its business operations.

SAMRIDH is supported by the U.S. Agency for International Development (USAID) and implemented by IPE Global.

Temperature Sensitive Products

PLUSS provides Celsure containers that maintain a precise temperature between 2 and 8°C, 15 and 25°C, and -20°C, for up to five days. These solutions bring operationally and cost efficiency in the transport of temperature-sensitive products.

They are used by pharma, diagnostics, and biotech companies to pack and transport temperature-sensitive drugs, vaccines, test kits, clinical trial samples, and other products that require a constant temperature to maintain their efficacy.

Pharma and Biotech Companies

With support from SAMRIDH, PLUSS will double the manufacturing capacity of Celsure boxes to 6,000 boxes per month at its facility in Hyderabad. This will assist pharma and biotech companies in making timely deliveries of covid-19 test kits, drugs, and vaccines to remote areas where it is a considerable challenge to maintain the right cold chain.

SAMRIDH will also assist with the procurement of the Celsure containers by nations in Africa, to facilitate quick vaccination of their citizens.

Samit Jain, CEO, Pluss Advanced Technologies said, “It is an honor to support our country’s response to the pandemic. The innovative temperature-controlled Celsure containers have been developed indigenously, and are low-cost. The support from SAMRIDH would enable covid vaccines to reach remote communities quickly, and without any loss in transit.”

sumit jain 1
Image: Economy India

Ashish Mendhi, Project Lead, SAMRIDH Healthcare Blended Financing Facility, reflecting on the collaboration said, “Our collaboration with PLUSS reflects SAMRIDH’s commitment to supporting national healthcare priorities with market-based solutions and innovative financing.

ashish
Image: Economy India

As India rolls out the world’s largest immunization drive, this partnership is an important step towards improving coverage of COVID-19 vaccinations and effectively delivering vaccines to isolated and marginalized populations.”

Celsus container is customizable and can maintain inside temperature from -70°C to +30°C, in 35 different ranges. PLUSS has received the Government of India’s Technology Day award for 2021, for its Celsure range of pharmaceutical cold-chain packaging solutions. PLUSS has also received patents in the US and Europe for this range.

(Economy India)

CSR Leadership Summit
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Tags: Biotech CompaniesBusiness Updates on Indian EconomyClinical Trial samplesCurrent Updates of Indian EconomyDiagnosticsEconomic Development of IndiaEconomy IndiaEconomy India UpdatesEconomy NewsEconomy News of IndiaEconomy News Portal of IndiaEconomy News UpdatesEconomy Updates from IndiaGlobal EconomyIndia EconomicIndian EconomyIndian Economy OutlookIndian Economy UpdatesInternational Development (USAID)Latest Development on Indian EconomyLatest Updates on Indian EconomyNews Around Economy of IndiaNews on Indian EconomyNews on World of Indian EconomyOverview of Indian EconomyPharmaPluss Advanced TechnologiesRecent Development in Indian EconomySAMRIDHTest KitsTransport Temperature Sensitive Drugsvaccines
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

HUDCO Signs ₹5,000 Crore MoU with JNPA to Boost Port Infrastructure Development
Companies

HUDCO Signs ₹5,000 Crore MoU with JNPA to Boost Port Infrastructure Development

October 25, 2025
Ola CEO Bhavish Aggarwal Booked for Abetment of Suicide: Engineer’s Death Sparks Major Controversy
Automotive

Ola CEO Bhavish Aggarwal Booked for Abetment of Suicide: Engineer’s Death Sparks Major Controversy

October 24, 2025
Reimagining PSU HR for a Multigenerational, AI-Driven Workforce in Viksit Bharat @ 2047
Companies

People, Purpose, and Progress: Reimagining PSU HR for a Multigenerational, AI-Driven Workforce in Viksit Bharat @ 2047

October 12, 2025
D-Mart Reports ₹746 Crore Profit in Q2 FY25; Revenue Rises 15% to ₹16,219 Crore
Companies

D-Mart Reports ₹746 Crore Profit in Q2 FY25; Revenue Rises 15% to ₹16,219 Crore

October 11, 2025
Sahara Seeks Supreme Court Nod to Sell 88 Properties to Adani Group; Proceeds to Repay ₹24,030 Crore Investor Dues
Companies

Sahara Seeks Supreme Court Nod to Sell 88 Properties to Adani Group; Proceeds to Repay ₹24,030 Crore Investor Dues

September 29, 2025
Reliance Consumer Products Signs ₹40,000 Crore MoU with Government to Build Integrated Food Manufacturing Facilities Across India
Companies

Reliance Consumer Products Signs ₹40,000 Crore MoU with Government to Build Integrated Food Manufacturing Facilities Across India

September 26, 2025
Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

India forms seven new Defence Companies

16th CSR Leadership Summit 2025
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT

LATEST NEWS

SBI to Hire 3,500 Officers Over the Next Five Months

Trump Dances on Red Carpet in Malaysia, Brokers Historic Peace Accord Between Thailand and Cambodia

Midcap Funds Outshine: 10-Year SIP Returns Average 17.4%, Beating Smallcap and Largecap Indices

India Dominates Forbes Asia’s ‘100 Startups to Watch’ List 2025: 18 Indian Firms Among Asia’s Most Promising Innovators

JDU Expels 11 Senior Leaders for Anti-Party Activities: Former Minister and MLAs Among Those Ousted

UP CM Yogi Adityanath Meets PM Modi in New Delhi, Discusses State’s Development Agenda

Odisha Approves ₹1.46 Lakh Crore Investment Across 33 Projects, Including Adani’s Coal-to-Chemical Venture

Pakistan’s Total Public Debt Crosses $286 Billion in FY2024-25, Rising 13% Year-on-Year

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved