New Delhi: Turkish firm Celebi Airport Services India Pvt Ltd has taken its case to the Delhi High Court. This move comes after the Bureau of Civil Aviation Security (BCAS) canceled its security clearance, citing "national security" concerns.
The timing of the revocation is notable. It happened right after Turkey expressed support for Pakistan during a recent crisis, which involved India’s operations against terrorist camps. Celebi has been a part of India’s aviation scene for over 15 years, employing more than 10,000 people across nine airports.
According to BCAS, the decision was immediate and tied to security. The firm had received its security clearance in November 2022. Celebi handles about 58,000 flights and manages over 540,000 tonnes of cargo each year in India. Airports like Mumbai, Delhi, and Chennai rely on its services.
In response to the allegations, Celebi stated it follows all aviation and tax regulations closely and maintains transparency in its operations. The company also refuted any claims questioning its ownership and operational integrity in India.
As a ripple effect of the BCAS decision, DIAL, which operates Delhi’s airport, has ended its partnership with Celebi for ground handling and cargo services. This decision underscores the tightrope that international firms often walk when geopolitical tensions arise.
Interestingly, the situation brings to mind previous instances where international companies faced scrutiny due to political controversies. For example, in the past, firms operating in sensitive sectors have often had to navigate turbulent waters when home countries were at odds.
This ongoing situation highlights the broader implications for foreign investments in India, especially in areas linked to national security. According to a recent survey by the FICCI, 62% of foreign investors expressed concern about geopolitical tensions affecting their business operations in India.
Celebi’s case may not just be a legal battle but also a pivotal moment in how foreign companies engage with the Indian market amidst changing political landscapes. It’s a topic worth watching as it might influence future policies on foreign partnerships in critical sectors. For more insights, you can check out the FICCI survey.
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CELEBI, DELHI HIGH COURT, BCAS, TURKEY, IT REJECTED ALL ALLEGATIONS REGARDING THE COMPANY'S OWNERSHIP