Government to invest in infrastructure expansion of three airports in J&K
AVIATION & AIRPORTS

Government to invest in infrastructure expansion of three airports in J&K

The government is set to spend an estimated amount of Rs 10 billion in the span of the next three years for the expansion of three airports in the newly formed union territory of Jammu and Kashmir (J&K). This investment to improve connectivity is seen in light of the government’s plans to bring the territory closer to the rest of the nation. 

The Airports Authority of India (AAI) has begun working on extending the runway at Jammu airport and is now in the process of seeking more land from the state government for developing a new terminal. The body had previously expanded and made changes to the terminal at the airport.

Currently, the airports at Leh and Srinagar are also undergoing modifications. Reportedly, expansion of the terminal at Srinagar and the building of a new terminal at Leh has been approved and are expected to finish by July 2022. These projects are set to cost approximately Rs 4.95 billion and Rs 4.8 billion, respectively. The Leh terminal will come with an annual capacity of 1.6 million per annum. 

Additionally, AAI has planned to spend around Rs 250 billion in the coming five years to advance airport projects in the country. 

Apart from expanding and boosting the infrastructure of airports, the body is simultaneously working on shortlisting around two dozen airports that could be privatised, to submit to the government.   

The government is set to spend an estimated amount of Rs 10 billion in the span of the next three years for the expansion of three airports in the newly formed union territory of Jammu and Kashmir (J&K). This investment to improve connectivity is seen in light of the government’s plans to bring the territory closer to the rest of the nation. The Airports Authority of India (AAI) has begun working on extending the runway at Jammu airport and is now in the process of seeking more land from the state government for developing a new terminal. The body had previously expanded and made changes to the terminal at the airport.Currently, the airports at Leh and Srinagar are also undergoing modifications. Reportedly, expansion of the terminal at Srinagar and the building of a new terminal at Leh has been approved and are expected to finish by July 2022. These projects are set to cost approximately Rs 4.95 billion and Rs 4.8 billion, respectively. The Leh terminal will come with an annual capacity of 1.6 million per annum. Additionally, AAI has planned to spend around Rs 250 billion in the coming five years to advance airport projects in the country. Apart from expanding and boosting the infrastructure of airports, the body is simultaneously working on shortlisting around two dozen airports that could be privatised, to submit to the government.   

Next Story
Real Estate

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Next Story
Building Material

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Next Story
Infrastructure Urban

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement