Adani Group to Invest Rs 300 Bn in Navi Mumbai Airport Expansion

08 Oct 2025 CW Team

The Adani Group plans to invest an additional Rs 300 billion to expand the Navi Mumbai International Airport, ahead of its inauguration by Prime Minister Narendra Modi this week. The airport is set to begin operations in December 2025.

The group has already invested around Rs 200 billion in developing the greenfield airport and has started design work for the second terminal, which is expected to be commissioned by 2029. Funding for this expansion will come through a mix of debt and equity, while the Maharashtra government holds a 26 per cent stake in the project.

Once fully operational, the airport will have a total capacity of 90 million passengers per annum (mppa), making it India’s largest airport by capacity. The first phase, with a single runway, will handle 20 mppa for both domestic and international flights. Airlines such as Akasa Air, IndiGo, and Air India are already confirmed for operations, supporting 20–23 aircraft movements per hour initially.

Connectivity enhancements include the newly opened Atal Setu, reducing travel time from South Mumbai to about 20 minutes, along with planned Metro extensions and a proposed Mumbai–Hyderabad high-speed rail corridor passing near the airport.

The second phase will add 30 million passenger capacity, a major cargo terminal, and India’s largest maintenance, repair, and overhaul (MRO) facility with five large hangars. The cargo terminal will handle 3.8 million tonnes per annum, positioning Navi Mumbai as one of the country’s largest cargo hubs.

News source: Business Standard

Building Material

27 Nov 2025

Shalimar Paints Launches New Durable Luxury Interior and Exterior Range

Shalimar Paints has introduced three additions to its portfolio: Hero Insignia Luxury Interior Emulsion, Superlac PU Gloss Enamel and Hero Weather Guard 12 Luxury Exterior Emulsion. The new range is designed to combine finish, durability and environmental responsibility for modern residential spaces.Hero Insignia is a water-based luxury interior emulsion formulated with hybrid binder technology, providing a silky finish, stain resistance and protection from scuff marks. It offers more than 2,000 colour options, a 10-year promise and zero VOC levels, and can be applied on plaster, concrete and ..

Trimble Promotes Harsh Pareek as VP Direct Sales for APAC

Trimble has promoted Harsh Pareek to Vice President, Direct Sales, Asia-Pacific for its Architecture, Engineering, Construction and Operations (AECO) division. Mr Pareek joined the company in 2017 and has more than 27 years of industry experience. He most recently served as Regional Sales Director for India for over eight years, during which he played a major role in accelerating Trimble’s growth and expanding its footprint across the Indian Subcontinent.Expressing his focus for the new role, Mr Pareek said that the AECO sector in Asia-Pacific is entering a phase driven by technology, sustai..

Rajasthan Moves Mining Processes Fully Online From 15 December

The Rajasthan government will make all mining-related processes entirely paperless from 15 December, a senior official said. The Mines, Geology and Petroleum Department will halt all offline work across its mining modules, requiring officials to operate exclusively through online systems. Principal Secretary (Mines) T Ravikant said compliance monitoring will begin on 1 December while addressing an orientation workshop for officials from the Jaipur, Bharatpur, Ajmer, Kota and Bikaner zones. Ravikant explained that the department has developed two mobile applications and fourteen online modules..