The success of an FTZ depends on various factors like attracting investments, level of exports and foreign exchange, linkages with the domestic economy, apart from political stability, strategic location, quality infrastructure and marketing advantages. Janaki Krishnamoorthi explores the success factors of FTZs in the UAE and what should India do catch up momentum.
Category: Aviation & Airports
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Logwin expands in Jakarta
Logwin has further expanded its location in the Indonesian capital of Jakarta by moving into a modern, self-contained warehouse at Soekarno Hatta Airport in August. The new facility allows Logwin to increase its storage space from 280 sq m to 720 sq m.
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Delhi, Birmingham airports sign MoU
Following the recent launch of direct flights between Delhi International Airport and Birmingham Airport (UK), the two airports have signed a Memorandum of Understanding (MOU) to formalise a working relationship and commit to developing links between the two cities even further.
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10 more Indian airports to adopt SITA services
The Airports Authority of India (AAI) has chosen SITA´s next generation airport management system to transform ope¡rations at 10 airports across India. The system enhances the passenger journey for 42 million passengers.
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Shirdi airport by Dec
The Maharashtra Airport Development Company (MADC) stated that the construction of airport near Shirdi may be completed by this year-end.
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Airport metro extension
The Delhi Metro Rail Corporation (DMRC) may consider extending the airport metro corridor to IFFCO Chowk in Gurgaon so that the ridership as well as property development revenue of the line can be boosted. The proposal has been made by the Urban Development Ministry.
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Alstom secures GVK contract
Alstom has bagged a contract worth about Rs 850 crore from GVK Power and Infrastructure to provide equipment for the 850 MW Ratle hydropower project in Jammu and Kashmir. The contract calls for Alstom to supply four 205 MW Francis turbine units and one 30 MW unit. The turbines will be manufactured at the company's facility in Vadodara. Alstom said it expects it to be commissioned in 2017.
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Tata ready to take over AI if it is for privatisation
One of India's most trusted group Tata Sons has expressed interest to acquire Air India, if the government-owned Air India (AI) is going to be privatised. This has been stated by Ratan Tata, the Tata GroupÂ’s chairman emeritus on October 25.
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PM convenes meet on Navi Mumbai Airport on Nov 13
To discuss over the prevailing hindrances to the progress of the greenfield airport at Panvel in Navi Mumbai, the Prime Minister Manmohan Singh has convened a meeting in New Delhi on November 13. Maharashtra Chief Minister Prithviraj Chavan said this at a public meeting in Panvel on October 26.
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Ministry to look into feasibility of Airbus 380s
The Union Civil Aviation Ministry is soon to decide on allowing airlines to fly Airbus 380s into the country. The Ministry had scheduled a meeting on the matter on October 23. The notice of the meeting said that issues related to availability of infrastructure at Indian airports to support Airbus 380s operations and similar issues will be discussed.