CSC wins cargo handling concession to develop facilities at CSIA airport
January 23, 2018: CSC- in a joint venture with SATS, has been recently awarded a cargo handling concession for designing, developing, operating and managing the international cargo facilities at Chhatrapati Shivaji International Airport in Mumbai.
According to reports, in the joint venture company-Mumbai Cargo Service Center Airport Private Limited, CSC holds 51 percent stake, rest 49 percent by SATS. The concession will commence in April 2018 till 2036.
CSC, which has been providing its services since 1995, is currently the country's largest air cargo facility handling services company. CSC operates and manages air cargo handling facilities in Mumbai, Delhi, Ahmedabad, Aurangabad, and Mangalore airports. Besides, it handles over six lakh tonnes of cargo every year across various airports of the country.
With this acquisition, CSC group is expected to handle over ten lakh tonnes of cargo per annum across various airports of the country. Earlier, CSC has also been awarded a concession to expand and operate the existing cold chain temperature controlled cargo terminal at CSIA Airport Mumbai till 2036.
SATS is Asia's leading provider of food solutions and gateway services with a network spanning 14 countries and 54 cities. It has proven expertise in operating air cargo handling facilities, and has invested substantially in technology to enhance service and efficiency.
Mumbai airport is an important cargo gateway airport of the country, and currently handles 33 percent of country's international air cargo. CSC and SATS along with MIAL will develop a world-class air cargo handling facility at Mumbai airport and deliver top rated customer service. With this latest win, SATS and CSC will connect the Mumbai hub to their network, increasing connectivity and growth potential for their airline customers and shippers.
Tushar Jani, chairman of the CSC group said: "With this concession, CSC group will be providing seamless quality services to Mumbai, Delhi and Ahmedabad, Exim community and international airlines. He further said that CSC group's endeavor is to achieve industry leadership through innovative and efficient processes and motivated people."