GMR Infrastructure’s arm inks MoU with Deccan

GMR Infrastructure’s arm inks MoU with Deccan GMR Infrastructure has informed that GMR Hyderabad International Airport Limited (GHIAL) and Delhi International Airport Pvt. Ltd (DIAL) have signed Memoranda of Understanding (MoU) with Deccan Cargo & Express Logistics Pvt. Ltd (Deccan Express) for developing modern express cargo hubs in Hyderabad and Delhi. GMR Hyderabad International Airport Ltd. (GHIAL) is a joint venture of GMR Group (63%), Malaysia Airports Holding Berhad (11%), Airports Authority of India (13%) and the Andhra Pradesh government (13%). Operations of Deccan Express are expected to commence from January 1, 2009, and shift to the proposed Integrated Express Terminal at both the airports when ready.

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