Celebi India may invest around $80 million in next 4 years

26 Sep 2023 CW Team

Celebi India, a prominent aviation services provider, is contemplating an investment of approximately USD 80 million in its business over the next four years. This significant financial commitment is part of the company's expansion strategy, which includes plans to expand its presence at additional airports and bolster its cargo handling capabilities, according to Murali Ramachandran, President for India & S-E Asia at Celebi Aviation Holdings.

Currently, Celebi operates as a provider of ground handling services and cargo operations. As part of its sustainability efforts, the company also intends to transition to an all-electric fleet for its operations at existing airports.

Presently, Celebi holds the responsibility of offering ground handling services at nine airports in India, which encompass Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Cochin, Ahmedabad, Mopa (Goa), and Kannur. Furthermore, Celebi manages cargo operations at Delhi airport through a joint venture established with Delhi International Airport Ltd (DIAL).

Ramachandran elaborated on their financial commitments, stating, "Celebi has already invested around USD 250 million since its entry into the Indian market in 2007. In terms of expected investment, we will be allocating USD 28 million to enhance our ground handling capabilities in the next four years, with an additional USD 30 million earmarked for the expansion of our cargo business."

Infrastructure Urban

24 Sep 2025

Cummins India Launches REDEFINE 2025 B-School Challenge

Cummins India, a leading power solutions technology provider, has announced the launch of REDEFINE 2025, the 8th edition of its flagship B-school case study competition. The initiative invites participation from students across 19 premier business schools in India, encouraging them to solve real-world challenges in the evolving energy sector.This year’s theme, “From Backup to Backbone: Driving the Energy Shift,” focuses on the urgent need to adapt to a rapidly transforming energy landscape driven by renewable integration, decarbonisation, and changing customer demands. Participants will ..

ColdStar Expands with New Facilities in Mumbai and Sonipat

ColdStar Logistics, India’s only independent and self-funded national cold chain player and one of the fastest-growing temperature-controlled supply chain companies, has strengthened its presence in key consumption hubs with three new facilities — two in Mumbai and one in Sonipat. The expansion is aimed at meeting the rising demand for fresh and perishable products, particularly from e-commerce and quick-commerce platforms.The new hubs will handle, process, and distribute fruits, vegetables, and other perishables for leading online platforms. The Sonipat facility, spread across 80,000 sq. ..

Zebra Study Finds Workflow Automation Boosts Productivity

Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in digitalising and automating workflows, has unveiled new research with Oxford Economics highlighting the financial and operational benefits of modernising frontline workflows. The study, which surveyed 1,000 senior leaders across retail, manufacturing, and transportation & logistics (T&L) in eight markets including India, found that organisations leveraging automation, AI, and data are achieving significant productivity gains and enhanced customer experiences.Study HighlightsRetailers reported a 21% improvement in..