AAI Invests Rs.796 Crore in Airport Repairs
AVIATION & AIRPORTS

AAI Invests Rs.796 Crore in Airport Repairs

The Airports Authority of India (AAI) has allocated ?796 crore for the repair and maintenance of 101 airports during the last fiscal year. This significant investment underscores AAI's commitment to enhancing airport infrastructure and ensuring smooth operations across the country.

The funding covers a wide range of activities, including runway repairs, terminal upgrades, and the refurbishment of essential facilities. These improvements are aimed at addressing wear and tear, enhancing safety, and providing a better travel experience for passengers.

Key projects funded by this investment include resurfacing of runways, modernization of passenger terminals, and upgrades to air traffic control systems. The upgrades are expected to improve operational efficiency, accommodate increasing passenger traffic, and meet international safety standards.

This financial outlay reflects AAI's strategic focus on maintaining and upgrading airport infrastructure to support the growing demands of the aviation sector. The investments are part of a broader initiative to modernize Indian airports and bolster the overall quality of air travel in the country.

Overall, the ?796 crore investment by AAI highlights the ongoing efforts to enhance airport facilities and ensure they remain capable of supporting both current and future aviation needs.

The Airports Authority of India (AAI) has allocated ?796 crore for the repair and maintenance of 101 airports during the last fiscal year. This significant investment underscores AAI's commitment to enhancing airport infrastructure and ensuring smooth operations across the country. The funding covers a wide range of activities, including runway repairs, terminal upgrades, and the refurbishment of essential facilities. These improvements are aimed at addressing wear and tear, enhancing safety, and providing a better travel experience for passengers. Key projects funded by this investment include resurfacing of runways, modernization of passenger terminals, and upgrades to air traffic control systems. The upgrades are expected to improve operational efficiency, accommodate increasing passenger traffic, and meet international safety standards. This financial outlay reflects AAI's strategic focus on maintaining and upgrading airport infrastructure to support the growing demands of the aviation sector. The investments are part of a broader initiative to modernize Indian airports and bolster the overall quality of air travel in the country. Overall, the ?796 crore investment by AAI highlights the ongoing efforts to enhance airport facilities and ensure they remain capable of supporting both current and future aviation needs.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?