AAI Invests Rs.1 Billion in Vijayawada Airport

05 Mar 2024 CW Team

The capital injection has been strategically allocated to various facets of Vijayawada Airport's facilities, encompassing terminal upgrades, runway expansions, and state-of-the-art technology integration. Passengers can now anticipate a more seamless and efficient travel experience, thanks to enhanced terminal amenities and improved operational capabilities.

The comprehensive overhaul includes the incorporation of cutting-edge security measures, ensuring the safety and well-being of all passengers. Additionally, the runway expansions facilitate the accommodation of a broader range of aircraft, fostering increased connectivity and accessibility for both domestic and international flights.

The ?1 billion investment is not just a monetary infusion; it signifies a commitment to transforming Vijayawada Airport into a key player in the aviation landscape. The development aligns with broader regional economic goals, promoting tourism, trade, and business activities. As a result, the upgraded airport is poised to become a catalyst for economic growth in the surrounding areas.

The AAI's sustained dedication to Vijayawada Airport underscores its vision for a modern, world-class aviation hub. This transformation not only caters to the present needs of air travelers but also anticipates and prepares for the future demands of a growing and dynamic aviation industry. The investment showcases AAI's proactive approach in steering India's aviation sector towards excellence and global competitiveness.

In a significant leap towards enhancing air travel infrastructure, the Airports Authority of India (AAI) has dedicated a whopping Rs.1 billion to the development and expansion of Vijayawada Airport over the past seven years. This substantial investment reflects AAI's commitment to modernizing and elevating the aviation experience in the region. The capital injection has been strategically allocated to various facets of Vijayawada Airport's facilities, encompassing terminal upgrades, runway expansions, and state-of-the-art technology integration. Passengers can now anticipate a more seamless and efficient travel experience, thanks to enhanced terminal amenities and improved operational capabilities. The comprehensive overhaul includes the incorporation of cutting-edge security measures, ensuring the safety and well-being of all passengers. Additionally, the runway expansions facilitate the accommodation of a broader range of aircraft, fostering increased connectivity and accessibility for both domestic and international flights. The ?1 billion investment is not just a monetary infusion; it signifies a commitment to transforming Vijayawada Airport into a key player in the aviation landscape. The development aligns with broader regional economic goals, promoting tourism, trade, and business activities. As a result, the upgraded airport is poised to become a catalyst for economic growth in the surrounding areas. The AAI's sustained dedication to Vijayawada Airport underscores its vision for a modern, world-class aviation hub. This transformation not only caters to the present needs of air travelers but also anticipates and prepares for the future demands of a growing and dynamic aviation industry. The investment showcases AAI's proactive approach in steering India's aviation sector towards excellence and global competitiveness.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Infrastructure Transport

15 Sep 2025

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Real Estate

15 Sep 2025

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..