Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
SATS has finalized its cargo logistics facility at Noida International Airport, ahead of the airport's inauguration next month, with nearly INR 1,000 crore already invested. The company plans an additional INR 600 crore to build an integrated logistics park providing end-to-end airfreight services. Through its AI-SATS joint venture, SATS aims to establish Uttar Pradesh as a global aviation hub. Leveraging its global network of 225 locations, SATS seeks to link the state's agricultural, industrial, and service sectors with international markets, while transferring advanced logistics practices and technologies to local operations.
Singapore-based airport services company SATS has completed its multi-modal cargo logistics facility at Noida International Airport, which is set to be inaugurated next month, a company official confirmed. The company has already invested nearly INR 1,000 crore in building the facility. Advertisement
The next phase of development, expected to involve an additional INR 600 crore, will focus on creating an adjacent integrated logistics park. This will offer seamless end-to-end airfreight services for air cargo industry players, according to Bob Chi, CEO of SATS Ltd's Gateway Services for the Asia Pacific region. He shared this during the Uttar Pradesh Investment Roadshow hosted by Chief Minister Yogi Adityanath.
The investment is part of SATS's plan to position Uttar Pradesh's new airport as a global aviation hub. It is being made through its 50:50 joint venture with Air India, known as AI-SATS. SATS has been operating in India since 2008.
Beyond capital investment, the company aims to actively develop the airfreight logistics ecosystem to connect Uttar Pradesh's key industries with global markets. SATS operates in 225 locations across 27 countries, offering expertise in sectors including cold-chain management for perishables and pharmaceutical cargo.
Chi highlighted Uttar Pradesh's growth potential, citing expanding agricultural, industrial, and services sectors. He noted the company intends to transfer its best practices and technologies into its ongoing and future projects in the region.
Earlier, Chief Minister Adityanath visited SATS's airfreight hub at Changi International Airport in Singapore to observe its operations handling 1.65 million tonnes of air cargo, including specialized cold-chain logistics. He led an investment delegation to Singapore earlier this week, underlining the state's focus on strengthening global aviation and logistics connections.
Source PTI
FAQ
1. What facility has SATS completed at Noida International Airport?
SATS has finalized its multi-modal cargo logistics facility at Noida International Airport, ahead of the airport's official inauguration next month. The facility is designed to handle end-to-end airfreight operations and position the airport as a major aviation hub in northern India.
2. How much has SATS invested so far, and what are the future plans?
SATS has invested nearly INR 1,000 crore in the completed facility. The next development phase will involve an additional INR 600 crore to establish an integrated logistics park, which will provide seamless airfreight services for domestic and international cargo operators.
3. Who is behind the project?
The project is being implemented through AI-SATS, a 50:50 joint venture between SATS Ltd and Air India. SATS is a Singapore-based airport services company operating in India since 2008, with a global network spanning 225 locations across 27 countries.
4. What is the strategic significance of this facility?
The cargo hub aims to link Uttar Pradesh's agricultural, industrial, and service sectors to international markets, while transferring advanced logistics practices and technology to local operations. It is part of a broader effort to establish Uttar Pradesh as a global aviation and logistics hub.
5. What capabilities will the facility offer?
The logistics hub will handle multi-modal airfreight operations, including cold-chain management for perishables and pharmaceuticals, general cargo handling, and integrated end-to-end supply chain services. The upcoming logistics park will expand capacity and streamline operations for commercial cargo players.
6. How does this project reflect SATS's global expertise?
The development leverages SATS's experience in global airfreight operations. Chief Minister Yogi Adityanath previously observed SATS's air cargo hub at Changi International Airport, Singapore, which handles 1.65 million tonnes of air cargo annually, including specialized cold-chain logistics. This knowledge is being transferred to operations in Uttar Pradesh.
7. How does this align with the state's economic strategy?
The project complements Uttar Pradesh's plans to strengthen industrial and export capabilities, enhance connectivity, and attract global investment. It is expected to create employment opportunities, improve supply chain efficiency, and position the state as a preferred destination for aviation-linked logistics and trade.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
