SolitAir to invest $25 mn in Indian market this year: CEO Hamdi Osman Dubai-based cargo operator SolitAir Holding is looking to invest USD 25 million in the domestic market in the first year of operations. Osman, a logistics industry veteran who served a 30-year stint with the American multinational conglomerate FedEx till 2011, also said that India is very \”critical\” to global trade. He said that this investment could be doubled and tripled in the next 2-3 years as the company expands its network and increases the frequency of its services. Earlier this month, the company appointed GAC Shipping (India) Private Limited as its cargo sales agent (CSA) in India. GAC is part of the GAC Group, a global provider of shipping, logistics and marine services with more than 300 offices in over 50 countries worldwide. It will draw on its deep local market knowledge and extensive network of 28 full-fledged offices nationwide to provide comprehensive sales and marketing services to the cargo operator.