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August 13, 2008
GMR signs MoU with Deccan Express Logistics for developing cargo hubs at Hyderabad and Delhi
     
GMR signs MoU...    
 
GHIAL and DIAL sign two stand alone agreements, to be operational by Jan 1, 2009
Over 2,300 sq metre space between both airports
 
GMR Hyderabad International Airport Limited (GHIAL) and Delhi International Airport Pvt. Ltd (DIAL) today signed Memoranda of Understanding with Deccan Cargo & Express Logistics Pvt. Ltd (Deccan Express) for developing modern express cargo hubs in Hyderabad and Delhi.

Deccan Express will initially utilize the cargo terminal operated by Hyderabad Menzies Air Cargo Pvt. Ltd (HMACPL). HMACPL will offer over 300 square meters within the domestic wing of the cargo terminal for the exclusive use of Deccan Express, which will develop the express cargo facility at the airport as a hub for its business in the central and southern regions of India.

DIAL will also offer over 2000 square meters to Deccan Express at the Delhi Airport for setting up of the Facility. Deccan Express will develop the express cargo facility at the Delhi Airport as a hub for its business in the northern region of India.

Operations of Deccan Express will commence from January 1, 2009 and shift to the proposed Integrated Express Terminal at both the airports when ready.

Speaking on the occasion, Capt G.R Gopinath, Founder and Chairman, Deccan Express Logistics said “Our MOU with the GMR Group will enable us to establish modern express cargo hubs in Hyderabad and Delhi which together with our central hub at Nagpur will function as a distribution model facilitating highly effective consolidation and dispatch to destination in the metros and the interiors. “

“Hyderabad and Delhi are the modern corporate capitals of India and also strategic gateways to other parts in South and North India. The setting up of infrastructure at these strategic locations will enable Deccan Express Logistics to establish an extensive state of the art multimodal (surface and air) storage, transportation and delivery network reaching out to every corner of the country.”

“Through this MOU, we look forward to building a long-term cooperative relationship with Deccan Express Logistics. We believe that this will be mutually beneficial for both the parties, and more importantly, our customers,' said Mr. P S Nair, CEO, GMR Hyderabad International Airport Limited.

About GHIAL:
GMR-HIAL is a joint venture company promoted by GMR Infrastructure Ltd., (63%); Malaysia Airports Holding Berhad (11%), Airports Authority of India (13%) and Government of Andhra Pradesh (13%), with a mandate to develop a world-class international grade airport spread over 5,500 acres in Shamshabad, about 25 kms from the main city of Hyderabad. This project - Rajiv Gandhi International Airport – is set to position Hyderabad as a prominent player in the global aviation map contributing to the prosperity, development and economic well-being of the region.

About DIAL:
Delhi International Airport (P) Ltd (DIAL) is a joint venture company; comprising the Bangalore headquartered global Infrastructure major GMR Group with a significant pan-India and International presence, Airports Authority of India, Fraport, Malaysian Airport and India Development Fund. DIAL is working towards the modernization and restructuring of the Delhi Airport. The project being developed by DIAL under Public Private Partnership has been given the mandate to finance, design, build, operate and maintain the Delhi Airport for 30 years with an option to extend it by another 30 years.

About Deccan Express Logistics:
Deccan Express Logistics will be India’s No. 1 air & ground distribution network with the widest delivery network in India, covering more than 85% of India’s GDP. Deccan Express Logistics will be an employee focused & community oriented organization that will be easy and simple to work with and will provide optimum multi modal transportation solutions to facilitate on time & efficient deliveries. Deccan Express Logistics will create value for all its stakeholders and will facilitate India in her growth. As India’s new delivery system, Deccan Express Logistics will be built around innovative practices that have proven themselves the world over.


 
 
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