AAI's FY24 Capex: Nearly Rs.500M

04 Apr 2024 CW Team

The planned infusion of funds comes at a crucial juncture, as India's aviation sector continues to witness rapid expansion and increasing passenger traffic. By prioritising infrastructure development, AAI seeks to address capacity constraints, improve operational efficiency, and elevate the overall passenger experience. From upgrading terminal facilities to enhancing runway infrastructure and implementing cutting-edge technology solutions, AAI's comprehensive investment strategy encompasses a wide range of initiatives aimed at future-proofing the nation's aviation ecosystem.

Chairman Sanjeev Kumar has emphasised the importance of leveraging innovative solutions to overcome challenges and unlock the full potential of India's aviation sector. By harnessing digitalisation, automation, and sustainable practices, AAI aims to create airports of the future that are not only efficient and resilient but also environmentally friendly. This forward-looking approach aligns with India's broader vision of becoming a global aviation hub and reinforces AAI's role as a key enabler of the country's aviation aspirations.

Moreover, the planned investments are expected to generate significant socio-economic benefits, including job creation, enhanced regional connectivity, and increased tourism inflows. By catalysing infrastructure development in tier-2 and tier-3 cities, AAI aims to spur economic growth and bridge the urban-rural divide. Additionally, the modernisation of airport facilities is poised to attract greater private investment in the sector, further driving innovation and competition.

As AAI embarks on this ambitious journey to transform India's aviation landscape, collaboration with stakeholders, including airlines, regulatory bodies, and local communities, will be paramount. By fostering partnerships and embracing a holistic approach to infrastructure development, AAI is poised to shape a brighter future for India's aviation sector, unlocking new opportunities and delivering lasting benefits for generations to come.

In a proactive move to bolster India's aviation infrastructure, the Airports Authority of India (AAI) has unveiled its ambitious capital expenditure (Capex) plan for the fiscal year 2024. With a projected investment of nearly Rs 5,000 crore (Rs500 million), AAI's Chairman Sanjeev Kumar aims to drive substantial modernisation and expansion efforts across the country's airport network. This significant financial commitment underscores AAI's unwavering dedication to meeting the escalating demands of air travel and fostering economic growth through enhanced connectivity. The planned infusion of funds comes at a crucial juncture, as India's aviation sector continues to witness rapid expansion and increasing passenger traffic. By prioritising infrastructure development, AAI seeks to address capacity constraints, improve operational efficiency, and elevate the overall passenger experience. From upgrading terminal facilities to enhancing runway infrastructure and implementing cutting-edge technology solutions, AAI's comprehensive investment strategy encompasses a wide range of initiatives aimed at future-proofing the nation's aviation ecosystem. Chairman Sanjeev Kumar has emphasised the importance of leveraging innovative solutions to overcome challenges and unlock the full potential of India's aviation sector. By harnessing digitalisation, automation, and sustainable practices, AAI aims to create airports of the future that are not only efficient and resilient but also environmentally friendly. This forward-looking approach aligns with India's broader vision of becoming a global aviation hub and reinforces AAI's role as a key enabler of the country's aviation aspirations. Moreover, the planned investments are expected to generate significant socio-economic benefits, including job creation, enhanced regional connectivity, and increased tourism inflows. By catalysing infrastructure development in tier-2 and tier-3 cities, AAI aims to spur economic growth and bridge the urban-rural divide. Additionally, the modernisation of airport facilities is poised to attract greater private investment in the sector, further driving innovation and competition. As AAI embarks on this ambitious journey to transform India's aviation landscape, collaboration with stakeholders, including airlines, regulatory bodies, and local communities, will be paramount. By fostering partnerships and embracing a holistic approach to infrastructure development, AAI is poised to shape a brighter future for India's aviation sector, unlocking new opportunities and delivering lasting benefits for generations to come.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..