AAI Invests Rs.1 Billion in Vijayawada Airport
AVIATION & AIRPORTS

AAI Invests Rs.1 Billion in Vijayawada Airport

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.

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.

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?