CRISIL Ratings estimates that airports in New Delhi, Mumbai, Hyderabad and Bengaluru, which cater to nearly 55 per cent of IndiaÂ’s air traffic, and which are operating near-full capacity, will need to spend heavily on expansion through 2021.
Tag: New Delhi
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Road ministry likely to rebid stuck projs
As a meeting in New Delhi between the government, lenders and concessionaires could not find solutions to 10 of the 19 languishing highway projects, the road ministry is likely to restructure and rebid them.
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Airlines may handle ground ops under new policy
The government is likely to allow airlines to handle ground operations on their own in the country´s airports, a key change of stance that will meet the demand of carriers and end a court case on the matter. The change will be part of the new civil aviation policy.
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MoU for transporting coal from MCL
The State Government signed an MoU with coal and railway ministries in New Delhi recently to form a special purpose vehicle (SPV) for evacuation of coal through rail from Talcher coalfields.
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Gopalpur port may resume operations from July 2015
Gopalpur port´s road to revival has been delayed further. The port that expected to restart operations by January 2015, is now looking at a revised timeline of July 2015
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India International Road and Transportation Fair (IIRTF)
Transport being the most important and complex subject in the modern world where safe, quick and cost effective movement of men, machines and materials, is the objective of all governments and businesses.
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Grand Representation of Logistics Sector: India Warehousing Show
The 4th India Warehousing Show lifted the spirit of logistics industry by bringing complete supply chain solutions on one platform from 8-10 July at Pragati Maidan in New Delhi. Exhibition featured 210 exhibitors, 380 live technologies from 25 countries and was attended by 7,818 trade visitors representing 220 cities globally.
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NBCC eyes overseas projects
National Buildings Construction Corporation (NBCC) is eyeing business overseas and exploring the possibilities of projects in Oman, Botswana and neighbouring countries. NBCC
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Proud Pioneer
Bharat J Thakkar, an innovative entrepreneur, has been closely involved in the international air cargo industry for over 40 years and has been responsible for many ´firsts´ in India´s air cargo industry, including bonded trucking and door delivery of cargo.
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Siemens bags major BHEL order
The Siemens Drive Technologies Division will be supplying large gear units and gear components for vertical mills to Bharat Heavy Electricals Ltd. (BHEL) to cover their overall demand in the coming three years.