AI-SATS Airport Services Pvt Ltd is a 50:50 joint venture between national carrier Air India and Singapore Airport Terminal Services, which provides ground-handling and cargo-handling facilities at a number of airports in the country.
This investment is part of the Rs 85 crore invested in GSE by AI-SATS in the past one year, a company release said.
The total investment in the JV, since it became operational in 2010, currently stands at Rs 160 crore, it added.
The joint venture is committed to India and certainly would like to expand its contribution and participation in India's new growth story, he said, adding, certainly the "Make in India" vision offers many opportunities for AISATS, its employees and partners.
While AISATS would continue to relentlessly look for new business opportunities, at the same time, it would also continuously strengthen its operations here, Ko added.
Currently employing over 7,000 staff, AISATS offers end-to-end ground handling services such as passenger and baggage-handling, ramp-handling, aircraft interior cleaning, load control and flight operations, and cargo-handling services, among others.
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