Even as the country's aviation industry is projected to be among the global top three by the next decade, there is a need to address certain pressing issues to ensure that the growth momentum is maintained in the long-term.

By fiscal year 2023, India will be looking at a whopping investment requirement of Rs 38.6 trillion in the infrastructure sector. Over a period of time, the government spending has completely overshadowed private sector investment which was 37 per cent in 2008, and a gradual downward curve between 2013 and 2017 was witnessed.

That’s precisely the theme of Infrastructure Today’s next edition. If readers recollect, Golden Quadrilateral, at 5,846 km, touted to be the largest highway project in India and the fifth longest in the world then took several years to complete

Capacit'e Infraprojects Ltd, has bagged a contract worth Rs 825.01 crore (excluding GST), from Arihant Abode Ltd, a subsidiary of Arihant Superstructures Ltd, for affordable housing project christened “Arihant Aspire” situated at Panvel, Maharashtra, in proximity to the proposed Navi Mumbai International Airport. The scope includes construction of civil & structural, finishing & MEP works to be executed in phases for 8 residential buildings of 42 floors each.

The GVK-led Mumbai International Airport (P) Ltd (MIAL) was handed over the Letter of Award (LoA) from CIDCO, the nodal agency of the Government of Maharashtra for the Navi Mumbai International Airport.

The GVK led Mumbai International Airport (P) Ltd., (MIAL) was handed over the Letter of Award (LOA) today from CIDCO, the nodal agency of the Government of Maharashtra for the Navi Mumbai International Airport.

CIDCO is “positive” that more firms would participate in the bid for the development of its ambitious Navi Mumbai International Airport project, according to a senior development authority official. Bids close on February 13 two extensions have already been given for the same.

The initial bids for development of the Navi Mumbai international airport are likely to be opened early next month, with leading players, including GMR and GVK expected to be in the fray.

The Navi Mumbai international airport project may miss the earlier December 2019 target for completion of its first phase, with an extension in the period allowed for bids and delays in various clearances.