Second firm to set up ops at Hyd airport FTZ

GMR Hyderabad International Airport Limited (GHIAL) has signed a second client for the airport-based Free Trade Zone (FTZ) at Rajiv Gandhi International Airport in Hyderabad.

SAS Applied Research & Lab Materials Private Limited, a supplier of rare and high-end research chemicals along with equipment and consumables to Indian and multinational companies, will set up operations at the FTZ. SAS clients include Dr Reddy's, Biological E, EI DuPont, United States Pharmacopeia, Syngenta Bio Sciences and Lupin Pharmaceuticals.

"The sign off with our second client at FTZ, reiterates the airport's commitment and credibility in expanding business avenues and also the growth potential at RGIA." GHIAL chief executive officer, SGK Kishore, stated in a press release.
 

The FTZ, which had earlier signed its maiden client, Turbo Jet Engines, has facilities ranging from servicing, distribution, trading and warehousing, and several other value additions, he said.