 "GMR Group")
More than two years since GMR Group initiated a demerger, the airport business continues to outpace the group’s non-airport unit in terms of growth and attracting investors.
In 2021, the group initiated a demerger for its then sole listed unit — GMR Infrastructure, into two listed entities — GMR Airports Infrastructure (GIL) and GMR Power and Urban Infra (GPUIL). While the former is its airport business, GPUIL is the non-airport unit.
The aim of the demerger was to allow the airport and non-airport businesses to chart out their respective growth plans and facilitate strategic partnerships at different platforms.
While the
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