MASkargo Urged To Take Advantage Of Opportunities In Indian Drugs Sector

Hyderabad: GMR Hyderabad International Airport Ltd (GHIAL) officials hope that Malaysia Airlines Cargo Sdn Bhd (MASkargo), the cargo division of Malaysia Airline System Bhd, would take advantage of the opportunities available in the lucrative Indian market, particularly in the pharmaceutical sector.
Yesterday, German cargo carrier Lufthansa-Cargo (LHC) and GHIAL signed a memorandum of understanding to jointly develop the airport into a major Asian cargo hub for the shipment of temperature-sensitive pharmaceutical products.
GHIAL is a joint-venture company in which the Malaysian Airport Holdings Bhd has a 11 per cent stake, GMR Group (63 per cent), the Indian government (13 per cent) and the Andhra Pradesh government (13 per cent).
04/12/10 Manik Mehta/Bernama

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Categories: Airports Dec 2010, Cargo Dec 2010, Foreign Dec 2010