GMR Hyd Aviation SEZ, Schneider Electric join hands
AVIATION & AIRPORTS

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.

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.

Next Story
Infrastructure Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->