26-05-2025
Jolt to Çelebi could turn a big gain for this Indian firm that once had deep Turkish ties
There's a photo from 2008 that few at GMR would forget: Turkish Prime Minister Recep Tayyip Erdogan and GMR Group chairman GM Rao standing on a dais in Istanbul, shaking hands as Rao nods along while Erdogan speaks. At the time, GMR — now the operator of Delhi, Hyderabad, and Goa airports at home, with global presence including in Greece, Indonesia, and the Philippines — had just struck a joint venture with a Turkish firm to develop Sabiha
