Adani Group to Inaugurate Navi Mumbai International Airport on October 8

06 Oct 2025 CW Team

The much-awaited Navi Mumbai International Airport (NMIA) is set to be inaugurated on October 8, announced Gautam Adani, Chairman of the Adani Group. The airport, which recently secured its aerodrome licence from the Directorate General of Civil Aviation (DGCA), marks a major milestone in India’s aviation infrastructure.

Being developed in multiple phases, the project is implemented by Navi Mumbai International Airport (NMIAL), a joint venture between Adani Group, holding a 74 per cent stake, and the City and Industrial Development Corporation of Maharashtra (CIDCO), which holds the remaining 26 per cent.

Ahead of the inauguration, Gautam Adani shared a post on X, expressing gratitude to those who contributed to the project’s realisation. “Ahead of the inauguration of Navi Mumbai International Airport on 8 Oct, I met with our differently-abled colleagues, construction workers, women staff, engineers, artisans, firefighters, and guards who helped bring this vision to life,” he said.

“I felt the pulse of a living wonder — a monument shaped by thousands of hands and hearts. When millions of flights take to the skies and billions walk through these halls, the spirit of these people will echo through every takeoff and every step — and to them, I offer my deepest gratitude,” he added.

Once fully operational, NMIA — designated with the airport code ‘NMI’ — will be the second airport in the Mumbai Metropolitan Region. Developed in five phases, the airport is designed to handle up to 90 million passengers and 3.2 million metric tonnes of cargo annually, positioning it among Asia’s largest aviation hubs.

According to the Ministry of Civil Aviation, India currently has 162 operational airports across the country.

News source: Money Control

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..