AAI looking to improve airport infrastructure through planned investment

14 Aug 2019 Editorial Team

The Airports Authority of India (AAI) is reportedly set to make an investment of Rs 190 billion to boost the infrastructure of airports over the next three years.

The motive behind the decision is to upgrade runway capacity as well as building terminal capacity in order to increase the overall efficiency of the airports. The main focus is on relatively smaller cities.

AAI has chalked out a plan that will also include metropolitan areas like Chennai and Kolkata. Work towards enhancing the infrastructure of some airports has already begun and will soon commence in the rest.

Currently, state-owned AAI manages 125 airports, including 11 international aerodromes. It is now on the route to add 273 parking bays at 24 airports as a solution to the overdue parking issue faced by the airlines. These slots are uniformly spread out over the country with about 82 in the south, 70 in the east and northeast, along with 61 in the north followed by 60 in the west.

Additionally, Gujarat’s Rajkot, Jharkhand’s Dhalbhumgarh, including Hollongi and Halwara in the Northeast are the new sites selected for the construction of new airports. The funding for these projects will come in from debts and profits earned by AAI, as well as through other mediums.

Apart from pumping infrastructure and construction of airports, the body also has a signed contract with Boeing that dwells into developing a detailed blueprint for the modernising of air traffic management in India.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..