AAI Elevates Port Blair's VSI Airport

04 Apr 2024 CW Team

The Airports Authority of India (AAI) has recently announced a significant enhancement in the classification of Port Blair's Veer Savarkar International (VSI) Airport. This strategic upgrade sees the airport transition from Grade III to Grade II status, marking a milestone in its development and operational capabilities.

This transformation underscores the commitment of AAI towards bolstering aviation infrastructure across the country, particularly in regions of strategic importance such as the Andaman and Nicobar Islands. The elevation of VSI Airport reflects a concerted effort to enhance connectivity, efficiency, and passenger experience within the archipelago.

With its upgraded classification, VSI Airport is poised to accommodate a greater influx of passengers and facilitate smoother air travel experiences. The improved facilities and services are expected to cater to the growing demand for air transportation to and from Port Blair, a key hub in the region for both tourism and commerce.

The decision to elevate VSI Airport comes amidst a broader initiative by AAI to modernize and expand India's aviation network, aligning with the government's vision of fostering regional connectivity and economic development. This move is anticipated to stimulate tourism, trade, and investment in the Andaman and Nicobar Islands, contributing to the overall growth and prosperity of the region.

The upgraded status of Port Blair's VSI Airport represents a significant stride forward in bolstering aviation infrastructure and connectivity in the Andaman and Nicobar Islands. It not only enhances the travel experience for passengers but also underscores AAI's commitment to fostering sustainable development and progress in remote and strategically important regions of the country.

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..