+
Andhra Cabinet Clears Amaravati Eye And Aviation Policy
AVIATION & AIRPORTS

Andhra Cabinet Clears Amaravati Eye And Aviation Policy

The Andhra Pradesh Cabinet, chaired by Chief Minister N Chandrababu Naidu, approved a set of initiatives intended to boost tourism, aviation infrastructure and higher education in the State. The decisions covered the proposed Amaravati Eye observation wheel, a new Aviation Policy for 2026 to 2031, the establishment of a Greenfield international university and arrangements for International Yoga Day 2026.

The Amaravati Eye will be constructed on the banks of the Krishna River on six acres and is modelled on the London Eye to provide panoramic views of Amaravati and the riverfront. The Cabinet directed the designated agency to invite competitive tenders under a design, build, finance, operate and transfer model and indicated that the attraction is expected to become a signature landmark contributing to tourism and visitor footfall.

The Andhra Pradesh Aviation Policy 2026 to 2031 aims to transform the State’s aviation ecosystem through integrated airport infrastructure, expanded cargo and logistics networks, promotion of maintenance, repair and overhaul facilities, aerospace manufacturing and advanced air mobility and sustainable aviation fuel technologies. The government has set a target of increasing annual passenger handling capacity from 6.2 million (mn) to 30.38 million (mn) by 2035 and anticipates air cargo capacity rising from 6,240 t to 0.427 million (mn) t in the same period. The plan envisages nine new airports and 10 waterdromes to ensure airport access within a 150-km radius.

The policy is expected to attract investment exceeding USD 1 billion in MRO and aerospace sectors and to provide aviation training to 5,000 individuals annually, with incentives such as subsidies, stamp duty reimbursements and viability gap funding. The Cabinet approved an amendment to enable Sri City International University in Tirupati district with an investment of Rs 2.5 billion (bn) on a 60-acre campus, reservation of at least 35 per cent seats under the government quota for non-medical courses and a sanction of Rs 100 million (mn) for International Yoga Day 2026 observances.

The Andhra Pradesh Cabinet, chaired by Chief Minister N Chandrababu Naidu, approved a set of initiatives intended to boost tourism, aviation infrastructure and higher education in the State. The decisions covered the proposed Amaravati Eye observation wheel, a new Aviation Policy for 2026 to 2031, the establishment of a Greenfield international university and arrangements for International Yoga Day 2026. The Amaravati Eye will be constructed on the banks of the Krishna River on six acres and is modelled on the London Eye to provide panoramic views of Amaravati and the riverfront. The Cabinet directed the designated agency to invite competitive tenders under a design, build, finance, operate and transfer model and indicated that the attraction is expected to become a signature landmark contributing to tourism and visitor footfall. The Andhra Pradesh Aviation Policy 2026 to 2031 aims to transform the State’s aviation ecosystem through integrated airport infrastructure, expanded cargo and logistics networks, promotion of maintenance, repair and overhaul facilities, aerospace manufacturing and advanced air mobility and sustainable aviation fuel technologies. The government has set a target of increasing annual passenger handling capacity from 6.2 million (mn) to 30.38 million (mn) by 2035 and anticipates air cargo capacity rising from 6,240 t to 0.427 million (mn) t in the same period. The plan envisages nine new airports and 10 waterdromes to ensure airport access within a 150-km radius. The policy is expected to attract investment exceeding USD 1 billion in MRO and aerospace sectors and to provide aviation training to 5,000 individuals annually, with incentives such as subsidies, stamp duty reimbursements and viability gap funding. The Cabinet approved an amendment to enable Sri City International University in Tirupati district with an investment of Rs 2.5 billion (bn) on a 60-acre campus, reservation of at least 35 per cent seats under the government quota for non-medical courses and a sanction of Rs 100 million (mn) for International Yoga Day 2026 observances.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

BMW Ventures Secures Rs 249.83 Million (mn) Steel Orders

BMW Ventures Limited said it has secured two purchase orders totalling Rs 249.83 million (mn) from Lata Projects Limited for the supply of TMT steel FE-550D grade for three units of 800 megawatt (MW) capacity at the USCTPP Adani project. The orders were disclosed to the stock exchanges under Regulation 30 of the SEBI Listing Regulations and carry a contract value inclusive of all taxes.\n\nThe company stated that the orders will be executed within eight weeks from the date of the purchase orders and that the contract provides for 100 per cent advance payment with specified guarantees. The supp..

Next Story
Real Estate

Housing Sales Dip in Top Eight Cities in Q2, Pune and Bengaluru Hit Hard

Housing sales across the top eight cities fell six point one per cent year-on-year to 91,729 units in the April-June quarter from 97,674 a year earlier, PropTiger’s Real Insight Residential report showed. The moderation reflected seasonal pre-monsoon effects and heightened buyer caution amid the US-Iran conflict. New launches rose six per cent to 89,161 units. The impact was concentrated in technology-driven markets, with Pune and Bengaluru among the hardest hit. Pune recorded the steepest annual decline at 20.8 per cent, with sales falling to 12,642 units, while Ahmedabad declined 20.2 per ..

Next Story
Infrastructure Urban

India And ADB Sign US$230 Million Loan To Modernise Chennai Water

The Government of India and the Asian Development Bank (ADB) signed a US$230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai. Saurabh Singh, Deputy Secretary, Department of Economic Affairs (DEA), signed on behalf of the Government of India and Mio Oka, Country Director of ADB’s India Resident Mission, signed for the lender. The engagement was guided by Baldeo Purushartha, Joint Secretary (ADB and Japan), DEA. The Chennai Climate-Resilient Water Security and Sewerage Project aims to improve access to safe and reliable water and sanitation citywide w..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code