AAI Begins Work to Revive Tripura’s Kailashahar Airport

28 May 2025 CW Team

The Airport Authority of India (AAI) has initiated the revival process for Kailashahar Airport in Tripura following a request from the state government. The move marks a significant step toward enhancing regional connectivity in the northeastern state.

M Raju Krishore, Regional Executive Director for AAI Northeast, visited the site along with Maharaja Bir Bikram Airport (MBB) Director G K Das and a team of engineers to assess the feasibility of the revival. The team conducted a detailed field inspection and held discussions with local officials to examine existing infrastructure conditions and requirements for resuming operations.

Kailashahar Airport has remained non-operational for several years. The state government is keen to restore the airport to boost economic activity, improve accessibility, and support tourism in the region.

The AAI team is expected to submit a technical report outlining required upgrades and investments. Based on the findings, a formal plan will be prepared to relaunch the airport operations.

The initiative aligns with the broader strategy of enhancing air connectivity across India's northeastern region under the regional air connectivity scheme.

Source: Deccan Herald

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..