Mahindra Aerostructures, Spain’s Aernnova Sign $300m Deal
Mahindra Aerostructures, the aerospace division of the Mahindra Group, has signed a $300 million contract with Spain’s Aernnova to collaborate on the design and manufacturing of advanced aircraft components. This strategic partnership is set to enhance Mahindra’s capabilities in high-precision machining, composite assemblies, and systems integration for global aerospace clients.As part of the agreement, Mahindra Aerostructures will leverage its Bangalore manufacturing facility to jointly develop and supply critical aerostructures and fuselage components. These parts will support both civil..
Bihar Cabinet Approves Six New Airports Under UDAN Scheme
The Bihar state cabinet has given the green light to an agreement with the Airports Authority of India (AAI) to develop six small airports across the state under the central government's UDAN regional connectivity scheme. A total of Rs 1.5 billion has been sanctioned, with Rs 250 million allocated for each airport.The approved airports are located in six districts: Madhubani, Birpur (Supaul), Munger, Valmiki Nagar (Bettiah), Muzaffarpur, and Saharsa. These facilities aim to enhance air connectivity for residents and improve access to commercial and educational centres across the region..
Govt Approves 235,000 Urban Homes Under PMAY U 2.0
The Ministry of Housing & Urban Affairs has approved the construction of 235,000 homes under the Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY‑U 2.0) during the third meeting of its Central Sanctioning and Monitoring Committee. This brings the total sanctioned units under the scheme to 710,000, affirming the government's commitment to affordable urban housing.The homes were approved across nine states—Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, and Uttar Pradesh—through the Beneficiary Led Construction (BLC) and Affordable Housing in Partners..
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