GMR Airports Infra Acquires Stake in WAIS
AVIATION & AIRPORTS

GMR Airports Infra Acquires Stake in WAIS

GMR Airports Infrastructure Limited has announced the acquisition of a stake in WAISL for Rs 570 million. This strategic investment underscores GMR's commitment to expanding its presence in the aviation sector and strengthening its portfolio of airport assets.

The acquisition of a stake in WAISL presents significant opportunities for GMR Airports Infra to enhance its operational capabilities and leverage synergies within the aviation industry. This move is in line with GMR's strategic vision of driving sustainable growth and value creation for its stakeholders.

WAISL, with its diverse portfolio and strategic positioning in the aviation sector, aligns well with GMR's expansion objectives. The investment is expected to further bolster GMR's position as a leading player in airport infrastructure development and management.

The Rs 570 million investment underscores GMR's confidence in the long-term growth prospects of the aviation industry in India. It reflects the company's proactive approach to identifying strategic opportunities and capitalising on emerging market trends.

GMR Airports Infra's investment in WAISL is poised to generate value for both companies and contribute to the overall growth and development of the aviation sector. This strategic partnership highlights GMR's commitment to fostering collaboration and innovation in the aviation ecosystem.

GMR Airports Infrastructure Limited has announced the acquisition of a stake in WAISL for Rs 570 million. This strategic investment underscores GMR's commitment to expanding its presence in the aviation sector and strengthening its portfolio of airport assets. The acquisition of a stake in WAISL presents significant opportunities for GMR Airports Infra to enhance its operational capabilities and leverage synergies within the aviation industry. This move is in line with GMR's strategic vision of driving sustainable growth and value creation for its stakeholders. WAISL, with its diverse portfolio and strategic positioning in the aviation sector, aligns well with GMR's expansion objectives. The investment is expected to further bolster GMR's position as a leading player in airport infrastructure development and management. The Rs 570 million investment underscores GMR's confidence in the long-term growth prospects of the aviation industry in India. It reflects the company's proactive approach to identifying strategic opportunities and capitalising on emerging market trends. GMR Airports Infra's investment in WAISL is poised to generate value for both companies and contribute to the overall growth and development of the aviation sector. This strategic partnership highlights GMR's commitment to fostering collaboration and innovation in the aviation ecosystem.

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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 ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?