Aviation services provider Celebi India may invest around $80 million in next four years
Celebi India may invest around USD 80 million in the business in the next four years as it eyes more airports besides enhancing cargo capacity, a top company executive has said. The company, which offers ground handling services and cargo operations, also plans to switch to an all-electric fleet across the airports it renders services at present, according to Murali Ramachandran, President for India & S-E Asia at Celebi Aviation Holdings, said.
The company currently has the mandate to provide ground handling services at nine airports — Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Cochin, Ahmedabad, Mopa (Goa) and Kannur — and handle cargo operations at Delhi airport through a joint venture with Delhi International Airport Ltd (DIAL).
«Celebi has already invested around USD 250 million (since its entry in the Indian market in 2007).
In terms of expected investment, we will be adding USD 28 million in ground handling in the next four years. Around USD 30 million are likely to be invested in cargo business.
»And if taxiBot (business) picks up, we are willing to put in another USD 20 million (in it)," Ramachandran told PTI.
TaxiBot, a semi-robotic equipment, is used to tow the aircraft from the airport terminal gate to the taxi-out point and to tow aircraft from terminal gate after landing (taxi-in phase) without utilising the aircraft's engine.
TaxiBot was introduced in India in 2019 at Delhi airport by the company in partnership with KSU Aviation.
