CIAL Aero Park Launches Kochi Airport Into Aviation Hub Era

13 Feb 2026 CW Team

The chief minister described the development as an example of initiatives implemented over the past decade that are reshaping the region and indicated that Kerala is demonstrating how airports can act as centres of industrial and economic growth. He underlined that success depends on adapting to changing times and highlighted CIAL's capacity to implement timely changes while maintaining world-class airport facilities. The inauguration underscored a strategic shift towards diversified airport functions.

The Aero Park has been developed as an integrated aviation ecosystem bringing together aircraft hangars, parking bays, training facilities, technical service units and business infrastructure within a single campus. It will operate with the features of a special economic zone and provide direct connectivity to both the airport's operational area and the city side. The managing director, S Suhas, said the facility is expected to generate large-scale employment, increase tax revenue and build future-proof capabilities for the aviation sector.

Industries Minister P Rajeeve, presiding over the function, commended the airport's development model for prioritising social justice and public welfare and noted that CIAL was the first airport in India to recover swiftly from the crisis faced by the aviation sector during the Covid period and return to profitability with a robust turnover. He attributed that recovery in part to an emphasis on business diversification. The event highlighted the role of airport-led industrialisation in regional development.

The Chief Minister, Pinarayi Vijayan, inaugurated the 36-acre Aero Park on the premises of Cochin International Airport Limited (CIAL), marking a move to extend the airport's role beyond conventional operations into a full aviation hub. The development forms part of a broader plan to integrate aircraft maintenance, training and business infrastructure within the airport campus. The project was opened in the presence of senior officials and local representatives. The chief minister described the development as an example of initiatives implemented over the past decade that are reshaping the region and indicated that Kerala is demonstrating how airports can act as centres of industrial and economic growth. He underlined that success depends on adapting to changing times and highlighted CIAL's capacity to implement timely changes while maintaining world-class airport facilities. The inauguration underscored a strategic shift towards diversified airport functions. The Aero Park has been developed as an integrated aviation ecosystem bringing together aircraft hangars, parking bays, training facilities, technical service units and business infrastructure within a single campus. It will operate with the features of a special economic zone and provide direct connectivity to both the airport's operational area and the city side. The managing director, S Suhas, said the facility is expected to generate large-scale employment, increase tax revenue and build future-proof capabilities for the aviation sector. Industries Minister P Rajeeve, presiding over the function, commended the airport's development model for prioritising social justice and public welfare and noted that CIAL was the first airport in India to recover swiftly from the crisis faced by the aviation sector during the Covid period and return to profitability with a robust turnover. He attributed that recovery in part to an emphasis on business diversification. The event highlighted the role of airport-led industrialisation in regional development.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Infrastructure Urban

11 May 2026

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Infrastructure Urban

11 May 2026

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..