Latest news with #AirIndiaSATSAirportServicesPrivateLimited
New Indian Express
23-04-2025
- Business
- New Indian Express
AISATS invests Rs 200 crore in new logistics park at KIA
BENGALURU: Air India SATS Airport Services Private Limited (AISATS) launched the AISATS BLR Logistics Park at Kempegowda International Airport (KIA) here on Tuesday. Built with an investment of Rs 200 crore, the greenfield warehousing facility is one of the largest on-airport logistics parks in South India. Spread across eight acres within the country's third busiest airport, the AISATS BLR Logistics Park comprises a cluster of three distinct buildings serving a range of cargo needs. A modern two-level main warehouse offers over 2,40,000 sqft of Grade A warehousing space, designed to serve freight forwarders, express courier operators and logistics companies. The main warehouse also includes a common-user general warehouse space to serve SMEs, and cold storage warehouse space for pay-per-use access. Complementing this, is an 11,000-sqft public bonded warehouse that will allow importers and OEMs to securely store and manage their cargo shipments under Customs bond. As a bonus, the park also offers an office block with 24,000 sqft of space for Customs House Agents, logistics companies, and support services. AISATS will also provide trucking services with the aim to ensure economical, seamless cargo movement between the logistics park and cargo terminals, which are located 3 km from each other, at the airport. As one of the fastest growing airports globally, KIA commands a 13% market share in total volume cargo across India, and a whopping 40% share in cargo processing among airports in South India. It also boasted annual cargo tonnage of 5,02,480 MT in FY25, while aiming to handle 1 million MT of cargo by 2030. Against this backdrop, the airport services management major looks to enhance cargo handling capabilities, improve operational efficiencies, and cater to the rising demand for a faster and more sustainable cargo supply chain. 'The AISATS BLR Logistics Park is set to play a crucial role in strengthening Bengaluru's air cargo capabilities, boosting trade, and reinforcing India's position as a leader in industrial and economic development. It will serve as a vital node in accelerating SATS' hub-handling capabilities across our global network," said Bob Chi, CEO for APAC Gateway Services of SATS. On a similar note, Bangalore International Airport Limited (BIAL) MD and CEO Hari Marar mentioned, 'The facility is a significant addition to our growing cargo ecosystem at Kempegowda International Airport, which is already the leading exporter of perishables in the country and houses the country's largest domestic cargo terminal by design capacity.' Meanwhile, the AISATS BLR Logistics Park also aligns with the company's national expansion strategy, complementing the upcoming Multimodal Cargo Hub (MMCH) at Noida International Airport, AISATS CCO Kelvin Seow informed.
Deccan Herald
23-04-2025
- Business
- Deccan Herald
Air India SATS pitches Rs 200 cr for logistics park in Bengaluru airport
Bengaluru: Air India SATS Airport Services Private Limited (AISATS) launched a new logistics park at the Kempegowda International Airport, the airport services management company announced on park has been constructed with an initial investment of Rs 200 crore, and is spread across 8 acres. A two-level main warehouse offers 2.4 lakh square feet (sf) of space. It also offers another 11,000 sf for importers and OEMs to securely store and manage their cargo shipments under Customs bond, plus 24,000 sf for an office investments in infrastructure may follow, said Kelvin Seow, Chief Commercial Officer at AISATS, at a press India keen to take Boeing jets refused by China airlines.'This is one of our biggest investments that we have made outside of Singapore. As we build the partnership, we have decided to invest even more into the Bengaluru airport. This new investment of ours will be the sixth significant investment that we have made in Bengaluru,' stated Bob Chi, CEO, APAC Gateway Services of SATS, at the launch Worldwide Flight Services cargo terminal in Bengaluru has already started expanding, he added, with plans to double the capacity of this facility. This cargo logistics park may soon require more land, as park focuses on small and micro enterprises, mentioned Seow. Some of the large enterprises already on board are FedEx and DHL. The facility is equipped to handle 3.5-5 lakh tonnes of next such project will be at the Noida International Airport, he to a DH query on government support required, he said, 'It takes both hands to clap. First of all, there must be a demand in the clusters around those airports. There is also infrastructure that is available to enhance the cargo movement in that particular location that is upcoming.'.The new park in Bengaluru will have 120 trained staff.
Indian Express
22-04-2025
- Business
- Indian Express
AISATS sets up Rs 200-crore logistics park at Bengaluru airport, eyes long-term stability amid US-China trade war uncertainties
Air India SATS Airport Services Private Limited (AISATS), an airport services management company, launched AISATS BLR Logistics Park at Kempegowda International Airport in Bengaluru Tuesday. With an investment of Rs 200 crore, it is one of the largest on-airport logistics parks in South India. The facility was inaugurated amidst a global trade war and uncertainty set off after US President Donald Trump 's tariff push. Addressing concerns on how trade uncertainties and container shortages in China could affect India's cargo business and logistics operations, Bob Chi, CEO, APAC Gateway Services of SATS, said, 'Yes, the trade war has indeed kept us uncertain. We are monitoring the situation closely. AISATS looks into the future, looks into the long term. Each infrastructure project, like a logistics park, is not for the next 5 years; it is for the next 15 years and beyond. Our primary focus is delivering enduring value to our airline and cargo partners, fostering their growth opportunities, be it short term or long term.' The launch of AISATS BLR Logistics Park aims to enhance cargo handling capabilities, improve operational efficiencies, and cater to the rising demand for faster, seamless, and more sustainable cargo supply chains. Strategically located within the airport premises, the facility will play a key role in supporting exporters, importers, freight forwarders, and logistics providers, ensuring efficient cargo movement and consolidation services. The company looks to cash in on Bengaluru airport's potential aviation infrastructure that accounts for 40 per cent of South India's total air cargo volumes, achieving its highest-ever annual cargo tonnage of 502,480 metric tonnes in FY'25 and aims to handle 1 million metric tonnes of cargo by 2030. Spread across 8 acres within BLR Airport, the Logistics Park is a cluster of three distinct buildings to serve the cargo community. A modern two-level main warehouse offering more than 2,40,000 sq ft of Grade A warehousing space, designed to serve the freight forwarders, express courier operators and leading logistics players. The warehouse also includes a common-user general warehouse space to cater for small and medium enterprises and cold storage warehouse space for pay-per-use access, strengthening inclusivity and competitiveness in the logistics ecosystem. To complement this, an 11,000 sq ft public bonded warehouse allows importers and OEMs to securely store and manage their cargo shipments under Customs bond. The Logistics Park also offers an office block with 24,000 sq ft of space for Customs House Agents, logistics companies and support services. AISATS will also provide trucking services to ensure faster, economical and seamless cargo movement between the logistics park and cargo terminals at the Bengaluru airport.
