Turkish cargo handling firm to invest USD 100 mn in India

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Celebi Ground Handling, the flagship company of Celebi Holding, was recently awarded the contracts for ground handling operations at the Delhi International Airport and Mumbai International Airport respectively for 25 years and 10 years.

Delhi International Airport Ltd (DIAL), developer and operator of the Delhi airport, has also signed a contract with Celebi to upgrade, modernise, finance, operate and manage the existing 70,000-square metres cargo terminal.

Celebi Holdings has in the past been a member of the consortium including GMR, who bid and won the project to construct Istanbul's second international terminal at the Sabiha Gokcen airport and run it for 20 years.

The Turkish firm will bring in about USD 30 million of contemporary ground handling equipment and also look at expanding operations to other parts of the country.

"We are looking at all opportunities here. Be it metro airports or non-metro airports," said Celebi Holdings vice chairperson Canan Celebioglu Tokgoz.