The system (300) for inducing hypothermia comprises a body wrap (100) and a thermo-control unit (TCU) (302) coupled to it. The body wrap includes a heat exchange layer (102) for contact with a patient™s body, an insulating layer (104) placed on the heat exchange layer, and an intermediate layer (103) comprising a plurality of channels (106a, 106b) between the heat exchange layer and the insulating <> layer. The plurality of channels includes a main channel (106a) along at least a periphery of the body wrap connected to a plurality of sub-channels (106b). The body wrap further comprises an inlet (204) and an outlet (206) at a bottom end (208) of the body wrap. It also comprises a hood portion (210) at a top end (212) for wrapping around the patient™s head. The TCU (302) comprises a microcontroller (408) which controls patient™s body temperature and coolant fluid temperature based on various parameters. [IN201741005599A]