GMR Hyderabad Airport arm acquires 70% in ESR logistics park, takes full control to boost airport land development

GMR Hyderabad International Airport Ltd (GHIAL) has acquired a 70% stake in ESR GMR Logistics Park for ₹41 crore, now fully owning it through its subsidiary. This acquisition allows GMR Group to accelerate airport land development in Hyderabad. GHIAL CEO Pradeep Panicker stated that this consolidation will fully integrate EGLPPL into their airport land development strategy.