AISATS signs concessionaire agreement for cargo hub at Noida airport

01 Jun 2023 CW Team

The envisioned cargo hub aims to revolutionize India's logistics sector by creating a robust infrastructure for cargo processing and transportation. It is expected to significantly reduce logistics costs, optimize coordination processes, and introduce speed and transparency to the country's supply chain. Through this strategic initiative, AISATS seeks to enhance the efficiency and cost- effectiveness of India's logistics and air cargo sectors.

According to Nipun Aggarwal, Chairman of AISATS, the Noida cargo hub will play a crucial role in offering just-in-time cargo facilities to the northern region of India. He believes that the hub's infrastructure, value-added services, and improved cost efficiency will contribute to the growth and development of the Indian logistics and air cargo sectors.

The cargo hub's strategic location will enable seamless connectivity between various modes of transportation, accompanied by consolidated ancillary and value-added services. This integrated approach aims to establish an efficient route for cargo throughput within India and internationally. AISATS envisions the cargo hub as a comprehensive logistics gateway that will cater to the evolving needs of the air cargo and export sectors.

Bob Chi, CEO of SATS Gateway Services, highlighted India's rapid economic growth and the immense opportunities within the air cargo logistics space. He emphasized that establishing an integrated logistics gateway in Noida through the AISATS joint venture with Air India, a Tata Group company, will position the region as a strategic air cargo and export hub. Chi further noted that this development aligns with SATS' twin-engine growth strategy, expanding their global air cargo hub handling capabilities.

AISATS, a joint venture between Air India and SATS, has joined hands with Yamuna International Airport Pvt Ltd to establish a state-of-the-art multi-modal cargo hub at the forthcoming Noida International Airport. Under the concessionaire agreement, AISATS will undertake the design, construction, financing, and operation of this cargo hub, which is set to occupy 87 acres of land. The primary objective is to provide efficient and seamless intermodal connectivity for cargo transportation to and from manufacturing hubs across India. The envisioned cargo hub aims to revolutionize India's logistics sector by creating a robust infrastructure for cargo processing and transportation. It is expected to significantly reduce logistics costs, optimize coordination processes, and introduce speed and transparency to the country's supply chain. Through this strategic initiative, AISATS seeks to enhance the efficiency and cost- effectiveness of India's logistics and air cargo sectors. According to Nipun Aggarwal, Chairman of AISATS, the Noida cargo hub will play a crucial role in offering just-in-time cargo facilities to the northern region of India. He believes that the hub's infrastructure, value-added services, and improved cost efficiency will contribute to the growth and development of the Indian logistics and air cargo sectors. The cargo hub's strategic location will enable seamless connectivity between various modes of transportation, accompanied by consolidated ancillary and value-added services. This integrated approach aims to establish an efficient route for cargo throughput within India and internationally. AISATS envisions the cargo hub as a comprehensive logistics gateway that will cater to the evolving needs of the air cargo and export sectors. Bob Chi, CEO of SATS Gateway Services, highlighted India's rapid economic growth and the immense opportunities within the air cargo logistics space. He emphasized that establishing an integrated logistics gateway in Noida through the AISATS joint venture with Air India, a Tata Group company, will position the region as a strategic air cargo and export hub. Chi further noted that this development aligns with SATS' twin-engine growth strategy, expanding their global air cargo hub handling capabilities.

Infrastructure Energy

08 Oct 2025

MGL, Oil India Ink Pact To Boost LNG And Clean Energy Projects

Mahanagar Gas Limited (MGL), one of India’s leading City Gas Distribution companies, and Oil India Limited (OIL), a Maharatna public sector enterprise with integrated operations across the oil and gas value chain, have signed a Memorandum of Understanding (MoU) on 6 October 2025.The agreement was signed by MGL’s Vice President (BD, BIS, Commercial & STU) and OIL’s Executive Director (BD), in the presence of MGL’s Managing Director, along with OIL’s Director (Operations) and Director (HR).MGL, which has successfully entered the LNG value chain, currently operates LNG retail statio..

Infrastructure Urban

08 Oct 2025

KRN Acquires Bus AC Unit Of Sphere Refrigeration Systems

KRN Heat Exchanger and Refrigeration Limited, a leading manufacturer and exporter of aluminium and copper fins, copper tube heat exchangers, water coils, and condenser and evaporator coils, has announced a major step in its expansion journey.Its wholly owned subsidiary, KRN HVAC Products Private Limited, has signed a Business Transfer Agreement (BTA) with Sphere Refrigeration Systems Private Limited (SRSPL) to acquire its Bus Air-Conditioning division.Under the agreement, KRN HVAC will assume control of all operations, assets, and employees associated with SRSPL’s Bus Air-Conditioning busine..

Infrastructure Energy

08 Oct 2025

Oil India, MGL Join Hands To Explore Clean Energy Ventures

Oil India Limited (OIL), a Maharatna public sector enterprise with integrated operations across the oil and gas value chain, has signed a Memorandum of Understanding (MoU) with Mahanagar Gas Limited (MGL), one of India’s leading City Gas Distribution companies. The agreement was formalised on 6 October 2025 by senior executives from both organisations, in the presence of OIL’s Director (Operations) and Director (HR) and MGL’s Managing Director.OIL is currently pursuing an extensive hydrocarbon exploration and development programme, with plans to substantially increase gas production and ..