SpiceJet has signed a pact with GMR Hyderabad Aviation SEZ (GHASL) for setting up a warehousing, distribution and trading facility in the airport operator's aerospace and industrial park. GAHSL is a fully-owned subsidiary of GMR Hyderabad International Airport (GHIAL).
The facility, to be initially spread over in 33,000 sq feet area, will come up within the Free Trade Warehousing Zone of multi-product special economic zone (SEZ). It may be further expanded to 1,00,000 sq ft based on demand.
SpiceJet is among the first private companies that stepped into the Indian aviation sector.