By IANS,
New Delhi : GMR group, developers of Hyderabad and Delhi airports, Wednesday signed an agreement with Deccan Cargo and Express Logistics for developing modern express cargo hubs in these two cities.
Deccan Express will initially utilise the cargo terminal operated by Hyderabad Menzies Air Cargo Ltd (HMACL). HMACL will offer 300 square metre space within the domestic wing of cargo terminal for exclusive use for Deccan Express.
Delhi International Airport Ltd (DIAL), part of the GMR group, will also offer 2,000 square metre space to Deccan Express at Delhi airport to develop it as a hub of business activity in northern India.
Deccan Express Chairman G.R. Gopinath said: “Our MoU (memorandum of understanding) with GMR group will help us establish modern express cargo hubs in Delhi and Hyderabad which together with our central hub at Nagpur will function as a distribution model facilitating highly effective dispatch to destination in metros and interiors.”
It will be operational by January 2009.