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Airport services company SATS's multi-modal cargo logistics facility at Noida International Airport is ready for operations as the mega aviation hub is set to be inaugurated next month, a company official said. The Singapore-based company has already invested close to Rs 1,000 crore in building the new cargo facility. "The next phase, expected to be an additional Rs 600 crore in investment, is to develop the adjacent integrated logistics park providing seamless end-to-end airfreight services to the air cargo industry players," Bob Chi, CEO of SATS Ltd's Gateway Services for Asia Pacific region, said on Tuesday. He was speaking at the Uttar Pradesh Investment Roadshow here hosted by Uttar Pradesh Chief Minister Yogi Adityanath. SATS' investment is aimed at making Uttar Pradesh's new airport a global aviation hub. The investment is through its 50:50 joint venture of Air India and SATS Limited (AI-SATS). SATS has been working in India since 2008. Beyond the financial investments, SA
The Uttar Pradesh government on Sunday signed a memorandum of understanding with AISATS to invest Rs 4,458 crore in two major aviation service projects at Noida International Airport, officials said. The agreement was signed during Chief Minister Yogi Adityanath's ongoing visit to Singapore, marking a key investment outcome on the second day of the tour aimed at attracting global capital to Uttar Pradesh. Under the MoU, AISATS will develop an advanced cargo campus and a world-class air catering kitchen at the upcoming international airport in Jewar, located in Gautam Buddh Nagar district. Officials said the integrated cargo campus is expected to position Jewar as a major air freight and logistics hub for north India, facilitating export-import activities across sectors such as electronics, pharmaceuticals, and agricultural products. The facility will leverage the airport's planned multi-modal connectivity to strengthen international trade linkages. The second project involves the
Uttar Pradesh Chief Minister Yogi Adityanath on Monday said the Noida International Airport at Jewar is likely to be inaugurated this month by Prime Minister Narendra Modi. Addressing a press conference here, Adityanath said the airport is ready, and the process for obtaining the aerodrome licence is in its final stages. "I believe that this month, the airport will be inaugurated by the prime minister," he said. Once operational, it will become Uttar Pradesh's fifth international airport. The Noida International Airport is a greenfield project being developed in the Jewar area of Gautam Buddh Nagar district under the public-private partnership (PPP) model. The first phase of the project, spread over around 1,300 hectares, was initially scheduled to begin operations in September 2024 and has missed multiple deadlines.
The much-awaited Noida International Greenfield Airport in Jewar is set to miss its third deadline of May 15 set by Uttar Pradesh Chief Minister Yogi Adityanath. The new deadline for flight operations will be announced soon, UP Chief Secretary Manoj Kumar Singh said on Wednesday. The proposed airport has already missed two deadlines -- September 29, 2024 and April 25, 2025. Singh on Wednesday held a high-level meeting with officials of the Yamuna International Airport Private Limited (YIAPL), Tata Projects Limited and Noida International Airport Limited (NIAL). He conducted a field inspection of the terminal building and other under-construction facilities at the site of Noida airport, also known as Jewar airport. He stressed that this project is among the top priorities of the state government, and directed the officials to complete the remaining work soon. The chief secretary also directed the officials to ensure regular review of the airport project and said no compromise shou
The Jewar international airport is emerging as the largest airport in Asia and regular operations will start from April, Minister for Civil Aviation Kinjarapu Rammohan Naidu said in Rajya Sabha. Responding to supplementaries during Question in the Rajya Sabha, he said the airlines are also excited to start operations from there and improve connectivity across the world. "Jewar airport is emerging as the country's and Asia's biggest airport. We have conducted the validation flight in December at the airport. "Everything is going according to timelines and very soon in the month of April we will see regular operations starting from Jewar-Noida international airport," the minister told the Upper House. He said all airlines including Air India and Indigo are very excited to improve connectivity from the Noida airport. "... The airport lies right next to Noida expressway and we will see connectivity of roads happening very soon," he said. Responding to other supplementaries, the minis
Jewar, a small town along Yamuna Expressway in Uttar Pradesh, is emerging as one of the fastest-growing real estate micro-markets because of an upcoming international airport, leading to a 40 per cent appreciation in land prices in the last five years, according to Colliers. Land prices in Jewar township are likely to rise 50 per cent by 2030, real estate consultant Colliers India said in a report 'Infrastructure & Mega Projects - The Key Enablers of Urban Expansion in India' released on Monday. "Jewar is a small town located along Yamuna-Expressway. It is rapidly transforming into a prominent investment destination with a combination of strategic infrastructure, industrial expansion and robust government initiatives," the report said. The consultant noted that Jewar is emerging as one of the fastest-growing real estate micro-markets, driven by robust economic growth prospects fuelled by key infrastructure developments such as the Jewar Airport (Noida International Airport), metro