Ahmedabad to Welcome Seaplane; Lakshadweep Services Soon

08 Nov 2024 CW Team

Ahmedabad is set to welcome its first seaplane on Wednesday, marking a new milestone in India's aviation sector. The seaplane, which will land at the Sabarmati Riverfront, is part of a broader initiative to expand air connectivity in the country, particularly for remote and difficult-to-reach regions.

Following the arrival in Ahmedabad, regular seaplane services are expected to begin soon, with plans to extend the network to Lakshadweep. These services will significantly reduce travel time and offer a new, efficient mode of transport to the islands. This development is seen as a significant step in enhancing tourism and facilitating quicker movement for both locals and visitors in the region.

The seaplane service is also expected to boost the regional economy by promoting tourism and providing access to underserved destinations. As part of the government's push for alternative transport options, seaplanes are becoming a viable option for improving connectivity in coastal and island areas.

This move aligns with the government's vision to increase air connectivity in a sustainable manner while promoting regional tourism, ease of travel, and infrastructure development.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..