Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
Tag: Airport
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Govt to implement 8 airport projects in 2013
Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
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Govt to probe land acquisition for airport project
Karnataka government would probe the allegation of farmers that the Karnataka Industrial Area Development Board (KIADB) allotted part of the land acquired by the board for an airport project to the Deshpande Foundation. KIADB has allegedly acquired over 700 acre land from farmers for the expansion of the Hubli airport while the actual requirement was 600
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Hyderabad airport gets British rating
Rajiv Gandhi International Airport (RGIA) has received the 5-Star rating by the British Safety Council for its Health and Safety Management System.
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Govt to upgrade Juhu airport for Rs 20 bn
Media reports indicate that the union government approved a Rs 2,000 crore project to extend the runway of Juhu airport in Mumbai by 650 metre into the sea. The project, which is part of the overall plan to redevelop the airport, is intended to begin operation of private jet and small turboprop and ATR in
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PM wants ADB to devise novel ways for financing infrastructure
For the long-term infrastructure needs of the region, Prime Minister Manmohan Singh asked the Asian Development Bank (ADB) to introduce innovative instruments. Speaking at the multilateral lending body's annual meeting in New Delhi, Singh said the ADB must find innovative ways to channelise global savings into infra
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ADB commits $10 bn for projects in India
Takehiko Nakao, the new President of the Asian Development Bank (ADB) informed that the multilateral lending agency would maintain its annual lending at $10 billion (Rs 54,000 crore) to India over the next three years. He said this to media persons at the end of the ADB's 46th annual meeting in New Delhi. He also informed that the bank was facing resource constraints and it wou
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Chhattisgarh govt, AAI to sign pact for airport project
Media reports indicate that the Chhattisgarh state government and the Airport Authority of India (AAI) may sign an agreement for setting up a full-fledged airport at Raigarh at a cost of Rs 260 crore. AAI is expected to develop the proposed airport in two phases, with Rs 158 crore being spent on the first phase. The authority expects to complete the project in thre
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Industry seeks policy boost for aircraft MRO segment
Lack of proper policy for aircraft maintenance, repair and overhaul (MRO) is hampering the development of the sector in the country, reports indicate. India is said to be having tremendous growth prospect in the MRO segment and hence industry body ASSOCHAM called for streamlining of taxes to encourage aviat
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UP govt takes steps for Kanpur airport project
Uttar Pradesh government urged its officials to expedite the preparation of an action plan for the proposed new airport project in Kanpur. The state government plans to find a land in Kanpur Dehat district for the project. Further, the state chief secretary Ja