Centre Sets Conditions for Parandur Airport Nod

31 May 2025 CW Team

The Centre has granted in-principle approval for the Rs 200 billion greenfield airport at Parandur, near Chennai, with key conditions attached, according to meeting records. One major clause states that the Tamil Nadu government must compensate the Airports Authority of India (AAI) if the Parandur airport begins operations before Chennai airport reaches 35 million passengers annually. However, if this target is met first, no compensation will be required.

The Steering Committee meeting held on March 12 also revealed that AAI has requested 90 acres for a cargo complex at Chennai airport and rights to construct a new terminal. The land currently houses a school and a colony. The State has agreed to the compensation condition and has formed a high-level committee to assess flood risks at the Parandur site, given the presence of water bodies in the area.

This development marks a significant step in Tamil Nadu’s aviation infrastructure but underscores the Centre’s cautious approach, ensuring the full capacity of the existing Chennai facility is first utilised.

Source
Businessline

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..