- Business
- GMR Airports Infrastructure Limited, formerly known as GMR Infrastructure Limited and a flagship entity of the GMR Group, serves as the holding company for the group's airport and related adjacency businesses, focusing on the development, operation, maintenance, and management of airports along with integrated security solutions through special purpose vehicles; it operates key international gateways including Indira Gandhi International Airport in Delhi, Rajiv Gandhi International Airport in Hyderabad, Manohar International Airport in Goa, and Kualanamu International Airport in Medan, Indonesia, while providing technical services to Mactan Cebu International Airport in the Philippines and advancing greenfield projects such as Bhogapuram Airport in Visakhapatnam, India, Crete Airport in Greece, Nagpur International Airport, and Bidar Airport civilian enclave in Karnataka, India. The company offers a comprehensive suite of aviation services under the GMR AERO brand encompassing duty-free retail, food and beverage outlets, cargo handling and logistics including customs clearance and warehousing, car parking, operations and maintenance, project management consultancy, engineering and IT solutions, security systems via subsidiary RAXA Security Services Limited featuring intrusion detection, CCTV, and access control, and maintenance repair overhaul through GMR Air Cargo and Aerospace Engineering Ltd, India's largest third-party MRO facility; it pioneers the Aerotropolis concept for airport city developments around Delhi, Hyderabad, and Goa sites, incorporating real estate, business districts, and digital enhancements via GMR Innovex alongside aviation training through GMR AERO Academy and GMR School of Aviation. Founded in 1996 and headquartered in New Delhi, India, GMR Airports Infrastructure Limited maintains a strong presence across Asia and is expanding into Europe, ranking as the largest private airport operator in Asia and second-largest globally with over 150 million annual passenger capacity and serving 121 million passengers in FY24 while earning top ACI and Skytrax accolades for service excellence. Recent developments include the 2024 merger of GMR Airports Ltd with GMR Airports Infrastructure Ltd to streamline structure and align public shareholders with airport assets, a strategic co-promoter partnership with Groupe ADP since 2020 granting extended governance rights after its acquisition of a 49% stake for INR107.8 billion, a January 2025 investment of Rs 63 billion from Abu Dhabi Investment Authority into GMR Group entities to refinance promoter debt and support internal restructuring via share acquisitions in GMR Airports, bond issuances such as INR1,950 crore in senior unsecured notes for refinancing, and Q1 FY25 performance highlights underscoring operational growth across its portfolio.