Chennai to get second airport at Parandur

03 Aug 2022 CW Team

Chennai's long wait for a second airport is coming to an end, with Parandur in Sriperumbudur picked as the site for the greenfield facility.

In response to a question from Rajya Sabha MP from Tamil Nadu Dr Kanimozhi NVN Somu, Union Minister of State for Civil Aviation VK Singh stated that the state government had shortlisted Parandur as the location for the development of the greenfield airport after comparing the viability and feasibility, including the presence of habitations and industrial establishments and the land acquisition costs of both sides.

According to the Greenfield Airport Policy (2008), the state government is now obligated to submit a proposal to the Ministry of Civil Aviation (MoCA) for 'site clearance.'

Singh stated that the Tamil Nadu government officials had selected up to four areas for the building of a greenfield airport near Chennai and had asked the Airport Authority of India (AAI) to assess the sites to ensure their suitability for airport development. He stated that the AAI has determined that Pannur and Parandur were more feasible airport locations.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..