On Wednesday, Air India’s joint venture firm AISATS and Yamuna International Airport Pvt Ltd announced that they have signed a concessionaire agreement for a multi-modal cargo hub at the upcoming Noida international airport. The cargo hub will be designed, built, financed, and operated by Air India SATS Airport Services Private Limited (AISATS) on 87 acres of land.
The aim of the facility is to provide India’s logistics sector with a cargo processing and transportation grid that will reduce costs, streamline coordination, and improve efficiency in the supply chain. The AISATS cargo hub at Noida will play a vital role in providing just-in-time cargo facilities for the north India region and will contribute to the growth and development of the logistics and air cargo sectors in India.
The strategic location of the cargo hub will connect multiple modes of transportation and provide consolidated ancillary and value-added services. This will establish an efficient route for cargo throughput across India and abroad. For SATS, establishing an integrated logistics gateway in Noida through the AISATS joint venture with Tata Group’s Air India will help develop the region into a strategic air cargo and export hub. This development also supports SATS’ growth strategy in expanding its global air cargo hub handling capabilities.