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Bangalore International Airport (BIAL) has picked Air India SATS Airport Services (AISATS) to design, build, finance, operate & maintain a greenfield logistics park at the Kempegowda International Airport, Bengaluru (BLR Airport / KIAB) for a period of 15 years. To be developed on a 8.2 acre land, the upcoming logistics park will be a world-class warehousing facility comprising of a general warehouse, bonded warehouse, consolidation centre, cold-storage facility, office spaces and other amenities such as Bank/ATM facility, business centre, cafeteria etc. Furthermore, value-added services including manpower and equipment rentals on an hourly or pay-per-use basis for loading/offloading, labelling, packaging, bulk-breaking will be provided by AISATS. Commenting on the same, Sanjay Gupta, CEO, AISATS, says, 鈥淎s India strives to become a USD 5 Trillion economy, the Government has introduced various policy initiatives such as PM Gati Shakti and National Logistics Policy with a focus on building world-class infrastructure to improve India鈥檚 trade competitiveness, create jobs and bring down the logistics cost thereby laying the foundation for India to become a Logistics Hub. In line with this vision, AISATS is developing a Logistics Park at BLR Airport to support the exporters, importers and freight forwarders by creating an efficient warehousing centre with value-added services for the air cargo community.鈥� Satyaki Raghunath, chief strategy & development officer, BIAL, further added, 鈥淏LR Airport has established itself as one of the top airports in the country for providing excellent infrastructure to support air cargo across South and Central India. This partnership with AISATS will enhance BLR Cargo鈥檚 capabilities and growth potential. It is essential to have both a general warehouse and a bonded warehouse at the Airport to provide the necessary support to freight forwarders, customs brokers, agents, and various supply chain companies in the ecosystem. With the help of a dedicated logistics park located at the Airport, freight forwarders will be able to consolidate cargo for export and import across multiple regions. This would also facilitate cargo movements from the southern catchment regions.鈥� Also Read Temple Town launches new dining area collection Adani Group to invest in Azerbaijan鈥檚 mining & petrochem projects