GMR Airports secures Rs 750 crore loan from Axis Bank for Delhi airport cargo city development
Published on: Nov. 27, 2025, 7:56 p.m. | Source: The Financial Express
GMR Cargo and Logistics has secured up to Rs 750 crore in term loan funding from Axis Bank to build a 50.5-acre cargo city at Delhi’s IGIA. GMR Airports has extended sponsor support and pledged or committed 51% shares of GCLL, along with funding guarantees for cost overruns and repayment shortfalls.
