Tuesday, July 03, 2007

GMR Infra setting up 2 SEZs in Hyderabad

Our Bureau

Mumbai, July 1 GMR Infrastructure Ltd is setting up an exclusive Special
Economic Zone (SEZ) for manufacturing aviation speciality products in

This is one of the two SEZs being set up by the group in the 50-acre land.

The other would be a multi-product SEZ housing IT-ITES, bio-technology,
garments and apparels and electronics industries, said Mr Madhu Terdal,
Chief Financial Officer.

The company will also have two Maintenance, Repair and Overhaul (MRO)
units at the upcoming Hyderabad International Airport in Shamshabad
area. While one will be operated by GMR in association with Lufthansa
Technik, the current MRO run by Indian Airlines will be shifted to the
new airport.

A hospitality district similar to the one in Delhi is being planned in
the new airport in Hyderabad too.

Speaking about plans for developing more airports, Mr Terdal said the
company would look at bidding for Chennai Greenfield airport and Navi
Mumbai too.



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