AISATS sign MoU to build multi-modal cargo hub at NIA

Air India SATS Airport Services (AISATS) and Yamuna International Airport (YIAPL), have signed a concession agreement to build a state-of-the-art multi-modal cargo hub (MMCH) at Noida International Airport. Sanjay Gupta, CEO of AISATS, and Christoph Schnellmann, CEO of YIAPL, signed the agreement at a ceremony held on May 30, 2023, at Noida. The MMCH, spanning across 87 acres, will be a pioneering facility in India that comprises an Integrated Cargo Terminal (ICT) and an Integrated Warehousing & Logistics Zone (IWLZ). The strategic location of this first-of-its-kind cargo hub will seamlessly connect multiple modes of transportation with consolidated ancillary and value-added services, establishing a highly efficient route for cargo throughput across India and abroad. AISATS has been entrusted with the responsibility of designing, building, financing and operating the MMCH, further emphasizing its significance in transforming the logistics and cargo industry. Through this facility, AISATS aims to provide India’s logistics sector with a world-beating cargo processing and transportation grid that will help reduce logistics costs significantly, streamline processes for seamless coordination, and bring speed and transparency to the country’s supply chain.
Nipun Aggarwal, Chairman of AISATS, said, “Air India sees tremendous growth opportunities in Uttar Pradesh and is keen to provide seamless cargo connectivity within the state to power this growth. The AISATS MMCH at Noida will play an integral part in providing just-in-time cargo facilities for the North India region and will support in levelling up the Indian logistics and air cargo sectors with state-of-the-art infrastructure, value-added services and improved cost efficiency. We have no doubt it will have a knock-on effect and help increase India’s trade, provide employment opportunities and ease the movement of goods across the country.”
Sanjay Gupta, CEO of AISATS, said, “We are excited about our partnership with YIAPL and the tremendous potential of Noida International Airport as a world-class cargo hub. As a leading cargo solutions provider, AISATS is committed to establishing unparalleled multi-modal logistics infrastructure that will connect Uttar Pradesh’s rapidly growing industrial clusters with the rest of the world. Our goal is to enhance the state’s supply chain efficiency and make Noida a strategic cargo gateway to North India and beyond. Through our collaboration with YIAPL, we aim to deliver a seamless and best-in-class cargo experience for all stakeholders and position Noida International Airport as a key player in the global cargo industry.”