The cargo hub, which is anticipated to be built on 87 acres of land and offer quick, convenient, and multimodal access to and from manufacturing areas across the nation, will be designed, built, financed, and operated by Air India SATS Airport Services (AISATS).
According to a press release, AISATS hopes to use this facility to give India’s logistics industry access to a cargo processing and transportation grid that will significantly lower logistics costs, streamline procedures for seamless coordination, and speed up and improve the country’s supply chain.
In addition to helping to level up the Indian logistics and air cargo sectors with infrastructure, value-added services, and increased cost effectiveness, the AISATS cargo hub at Noida will play a crucial role in providing just-in-time cargo facilities for the north India region, according to Nipun Aggarwal, chairman of AISATS.
A highly effective route for freight traffic across India and overseas will be established thanks to the strategic location of this first-of-its-kind cargo hub, which will seamlessly integrate numerous modes of transportation with unified ancillary and value-added services, according to AISATS.
“India is one of the economies in the world with one of the largest potentials for growth in the air freight transportation sector. According to Bob Chi, CEO of SATS Gateway Services, “establishing an integrated logistics gateway in Noida through our AISATS joint venture with Tata Group’s Air India will help the area develop into a vital air cargo and export hub.
“Such a development also accelerates the expansion of our global air cargo hub handling capabilities as part of SATS’ twin-engine growth strategy,” he continued.