Millennium Post
Business

GMR inks client for India’s 1st airport ‘free trade zone’

GMR Hyderabad International Airport Ltd (GHIAL) on Monday said that it has signed its first client for India's first airport-based free trade zone (FTZ) at Rajiv Gandhi International Airport (RGIA).

Turbo Jet Engines (Hyd) Pvt Ltd has signed an agreement with GHIAL, a release said.

Turbo Jet Engines, in technical partnership with an established foreign partner, will set up repair, testing and calibration facilities for various aircraft components such as life rafts, wheels and brakes, oxygen cylinders, fire bottles, actuators, avionics equipment etc, it said.
The operations would also encompass repair and calibration of aircraft parts wherein original equipment manufacturers (OEM)/ airlines can send equipment from any part of the world to Turbo's facility at the FTZ, the release said.
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