Hyderabad airport to build 33,000 sq ft free trade zone for SpiceJet

March 13, 2020: The Indian carrier, SpiceJet signed an ‘agreement to lease’ with GMR Hyderabad Aviation SEZ (GHASL) by which the airport will construct a facility for the airline to carry out the warehousing, distribution and trading activity within the Free Trade Warehousing Zone at GMR Aerospace & Industrial Park.

GHASL is a 100% subsidiary of GMR Hyderabad International Airport (GHIAL) and the new facility will be 33,000 sq ft initially, with a potential to expand to 100,000 sq ft, based on demand.

Marine Krishi Udaan
SpiceJet recently pioneered India’s ‘Marine Krishi Udaan’ by introducing dedicated freighter flights from Chennai & Vishakhapatnam to Surat & Kolkata to boost India’s shrimp farming. The airline’s cargo services operate on both domestic and international routes, powered by fully integrated transportation network including air cargo, ground transportation and warehousing facilities across the country.

Ajay Singh, chairman & managing director, SpiceJet, said, “As we expand SpiceXpress, our cargo arm, SpiceJet is proud to partner with GHASL for this first-of-its-kind initiative by an airline in India which will enhance and facilitate cargo industry in the country. The Free Trade Zone and the end-to-end service provided by SpiceXpress will greatly boost businesses saving valuable time for our partner companies.”

GMR Aerospace & Industrial Park is housed in Hyderabad Airport City - India’s first smart, Greenfield Airport City. The park offers ‘ready-to-use’ industrial infrastructure with the flexibility of choosing land within Special Economic Zone (SEZ) for businesses focusing on foreign markets and land in domestic tariff area for businesses catering to the Indian market.

Aman Kapoor, CEO, GMR Airport Land Development, said, “We welcome SpiceJet at GMR Aerospace & Industrial Park. Their presence adds great value to the niche space of Free Trade Warehousing Zone. The Pharma, Aerospace & Defence, Electronics, Automotive & FMCG client base at Telangana will benefit from the availability of high-quality warehousing catering to the Export and Import of goods from RGIA.”

Currently, GMR Aerospace & Industrial Park has several global clients which include CFM Aircraft Engine Support South Asia, SAFRAN Electrical & Power India, United Technologies Corporation India, Turbo Aviation, GMR Aero Technic among others.

Hyderabad airport city is being developed as a theme-based, anchor-led development consisting of activity centres such as Grade A Commercial Offices, Retail, Healthcare, Schools & University, Leisure & Entertainment, Logistics & Industrial.