Business EconomyPosted at: Jul 10 2025 5:10PM


Hyd: GHIAL acquires major stake in ESR GMR Logistics Park Pvt Ltd

Hyderabad, July 10 (UNI) GMR Hyderabad International Airport Ltd. (GHIAL), a subsidiary of GMR Airports Limited, today announced the acquisition of a 70 percent stake in ESR GMR Logistics Park Private Limited (EGLPPL).
GHAL, a wholly owned subsidiary of GHIAL, already owns the remaining 30 percent in EGLPPL, the airport said in a release here.
EGLPPL was initially formed as a joint venture between GHAL and ESR Hyderabad 1 Pte. Ltd. on January 8, 2020, for the development of warehousing and logistics parks in Hyderabad.
The company has developed around 1.7 million square feet of industrial and logistics infrastructure.
With this strategic acquisition, GHIAL by itself and through GHAL now owns 100 percent of EGLPPL, making it a wholly owned subsidiary of the company.
This move is a significant step forward in GHAL’s long-term vision to accelerate its Airport Land Development (ALD) strategy in Hyderabad.
By consolidating its position in the industrial and warehousing sector, GHAL aims to expand its footprint and unlock new growth avenues, strengthen its core airport ecosystem, and reinforce Hyderabad’s emerging status as a major logistics and warehousing hub in the region.
Speaking on the agreement, Pradeep Panicker, CEO, GHIAL said, “This acquisition marks a pivotal advancement in our vision to transform Hyderabad Airport into a vibrant hub for integrated logistics and industrial development. With GMR Hyderabad Aerotropolis Ltd. already holding the remaining 30% stake, this consolidation enables us to fully integrate EGLPPL into our long-term Airport Land Development strategy.
"Hyderabad Airport was envisioned not just as an aviation gateway, but as the catalyst for a thriving Aerotropolis — a future-forward ecosystem designed to enhance connectivity, boost economic activity, and drive holistic regional development. This acquisition, positions us to explore new growth opportunities, strengthen the airport’s ecosystem, and deliver enhanced value to our stakeholders.”
Commenting on the development, Aman Kapoor, CEO, Airport Land Development, GMR Group said, “ The successful acquisition of ESR GMR Logistics Park marks a pivotal moment in our journey to build a world class airport-led industrial and logistics ecosystem. This move empowers us to unlock new synergies across aviation, warehousing, and infrastructure—strengthening our ability to deliver integrated solutions and drive transformative growth. This strategic move reinforces Hyderabad’s position as a global gateway for commerce and innovation, and driving long term economic development for the region.”
UNI KNR RN
Please log in to get detailed story.
Tags: #Hyd: GHIAL acquires major stake in ESR GMR Logistics Park Pvt Ltd
More News

Tim Cook shares heartfelt message on occasion of Mother's Day

10 May 2026 | 10:22 PM

New Delhi, May 10 (UNI) Tim Cook, Executive Chairman of Apple's Board of Directors, wished Mother's Day by posting a beautiful message on microblogging site X.

see more..

Kewlani Group rolls out heartfelt Mother's day campaign "Har Maa Ka Pyaar, Kewlani's Charminar"

10 May 2026 | 9:09 PM

New Delhi, May 10 (UNI) Kewlani Agro Industries Pvt Limited has launched its Mother's Day campaign, "Har Maa Ka Pyaar, Kewlani's Charminar," accompanied by an emotional digital film that captures the quiet yet powerful essence of motherhood.

see more..

BHU’s SATHI facility powers India’s next scientific leap as Jitendra Singh showcases innovation push

10 May 2026 | 6:54 PM

New Delhi, May 10 (UNI) Varanasi is steadily emerging as a key destination in India’s scientific and technological transformation, with the Sophisticated Analytical & Technical Help Institute (SATHI) at Banaras Hindu University becoming a major centre for advanced research, innovation and industry collaboration.

see more..

India’s private capex jumps 67 pc to Rs 7 7 lakh cr, signals investment revival: CII

10 May 2026 | 4:30 PM

New Delhi, May 10 (UNI) India’s private capital expenditure surged 67 per cent year-on-year to Rs 7.7 lakh crore in September 2025 from Rs 4.6 lakh crore a year earlier, signalling a broad-based revival in the country’s investment cycle, according to the Confederation of Indian Industry (CII).

see more..

Moody’s upgrades SFL’s long-term corporate family rating to “Baa3”

10 May 2026 | 3:08 PM

New Delhi, May 10 (UNI) Shriram Finance Limited (SFL), an insurance company, on Sunday announced that Moody’s Ratings has upgraded the company’s long-term Corporate Family Rating (CFR) to investment grade “Baa3” from “Ba1” and revised the outlook to “Stable” from “Positive”, according to a company statement here.

see more..