GMR Hyd Aviation SEZ, Schneider Electric join hands

GMR Hyderabad Aviation SEZ (GHASL), a subsidiary of GMR Hyderabad International Airport (GHIAL), and Schneider Electric, a global leader in the digital transformation of energy management and automation, recently announced an agreement to build and lease a cutting-edge manufacturing facility at GMR Industrial Park in Hyderabad. As part of the arrangement, GHASL will construct the facility on 18 acres of land in a non-SEZ region and lease it to Schneider Electric. The facility will be built in two stages. The production facility, which will cover 200,000 sq ft in the first phase, will be ready for use by June 2023. In addition, the facility would be enlarged by 175,000 sq ft in the second phase. With more global industrial players looking to India to set up their manufacturing facilities, Aman Kapoor, CEO - Airport Land Development, GMR Group this partnership will further contribute to Make-in-India and attract more players to leverage our facilities and capabilities within the GMR Hyderabad AeroCity.