With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
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Air Costa to launch flights from Hyd on Dec 10
Regional airline from Andhra Pradesh Air Costa is starting its operation from Hyderabad from this December 10. Air Costa was launched in October by the LEPL Group. The airline is to operate flights from Hyderabad to Chennai, Vijayawada, Jaipur, Ahmedabad and Bangalore.
Air Costa plans to invest Rs 618 cr
The first regional airline from Andhra Pradesh Air Costa has unveiled plans to invest about Rs 618 crore ($100 million) over the next two years and about Rs 3,092 crore ($500 million) over 15 years. It plans to have a fleet size of 25 aircraft by 2018.