Hyderabad’s airport‑centric logistics infrastructure has taken a decisive leap forward, as GMR Hyderabad International Airport Ltd (GHIAL) has finalised the acquisition of the remaining 70 % stake in ESR GMR Logistics Park Pvt Ltd, transforming it into a wholly‑owned subsidiary and advancing the airport’s sustainable development agenda.
In a regulatory filing on 26 June, GHIAL announced that GMR Hyderabad Aerotropolis Ltd (GHAL), its wholly‑owned subsidiary, concluded the purchase from ESR Group following a share purchase agreement and clearance of all conditions prevalent to the deal. The transaction involves a consideration of ₹41 crore paid earlier in May . The consolidation positions GHIAL to exercise full operational and strategic control over the logistics park, ideally situated adjacent to Rajiv Gandhi International Airport. The park acts as a crucial node in the airport land‑development initiative, providing warehousing, distribution and light‑assembly facilities designed with sustainable features—including provisions for carbon‑neutral operations and eco‑friendly materials.
“This strategic acquisition will expand and strengthen our airport‑centric industrial and logistics infrastructure,” the company stated in a regulatory filing, underscoring its ambition to promote equitable regional growth and environmental stewardship through integrated planning.
The acquisition required legal and financial structuring; law firm Cyril Amarchand Mangaldas acted as counsel, facilitating inter‑corporate deposits to redeem securities held by ESR entities. These frameworks aim to ensure a smooth transition while embedding robust ESG (environmental, social and governance) standards into the JV’s governance. From a capital‑markets perspective, shares of GMR Airports (which owns GHIAL) responded positively to the news, closing 1.44 % higher at ₹84.75 on the BSE. As the parent company continues to pivot towards airport land development, this full acquisition reaffirms its growth strategy centred on sustainable infrastructure.
Industry observers note that controlling the logistics‑park asset enables GHIAL to align warehousing capacity directly with cargo operations at Hyderabad Airport, a key freight hub in southern India. The park, spanning over 66 acres with a ₹550 crore initial investment, had been launched in 2020 as an eco‑friendly logistics centre serving multinational users. The timing is strategic: GMR Group’s broader Hyderabad “Aerotropolis” vision—a mixed‑use zone featuring retail, commercial, logistics, green energy, and EV integration—is expanding rapidly. GHIAL is expected to integrate the logistics park’s planning into its sustainable mobility framework, including solar‑powered yards, water‑harvesting infrastructure, and EV charging points .
By ending the joint‑venture model, GHIAL now gains full authority over tenant engagement, green compliance measures, and long‑term scalability—while ensuring gender‑friendly employment at the park, equitable workforce policies, and supply‑chain transparency.
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