Aramex and GMR Airports sign logistics pact; GMR launches real‑estate subsidiary
Written by AI from 2 reports listed below. Not checked by a person before publication. How we use AI
Aramex signed an initial pact with GMR Airports Limited to strengthen logistics capabilities at all GMR‑operated airports, including plans to develop a warehousing facility near the express cargo terminal with dedicated airside corridor access and to explore enhancements such as dedicated truck docks, screening systems and dedicated space at express cargo terminals across India.
GMR Airports Ltd created a subsidiary, GMR Aero Realty Ltd, to pursue real‑estate, land‑development and related opportunities; the company was incorporated on October 13 with an initial subscribed and paid‑up share capital of Rs 1 crore and has not yet begun business operations.