We are delighted on the successful pricing of this transaction, said Grandhi Kiran Kumar, the Corporate Chairman of GMR Group.
The new facility has four new baggage carousel belts of 45 metre length each, which according to officials is estimated to help speed up baggage delivery process.
The buses were launched from Miyapur depot here and will ferry people to the Hyderabad International Airport from various locations in the city.
Besides a logistics park, exclusive terminals to handle perishables and express cargo are being set up.
The new terminal is an exclusive concourse to handle check-in, security, immigration, customs processes for departing international passengers.