Construction of India's largest cargo terminal underway

05 Oct 2023 CW Team

The upcoming Noida International Airport is poised to become home to India's most extensive multimodal cargo hub by 2024, according to sources familiar with the project. AISATS, selected by Yamuna International Airport Private Limited (YIAPL) for the design, construction, financing, and operation of the hub, has already begun work on this ambitious endeavor.

The initial phase of the multimodal cargo terminal will involve an investment of Rs 1,200 crore, with Rs 456 crore already infused into the project, as confirmed by a senior state government official. The company aims to complete this state-of-the-art cargo hub in conjunction with the opening of Noida International Airport.

Spanning an expansive 80 acres, the cargo terminal stands as the largest of its kind in the country, blending traditional and modern elements to deliver smart, seamless, scalable, and secure solutions to India's air cargo and logistics supply chain sector.

The development of the Noida International Airport and its integrated cargo hub is poised to play a pivotal role in Uttar Pradesh's journey towards becoming a one-trillion-dollar economy. The state government, led by Chief Minister Yogi Adityanath, is steadfast in its efforts to achieve this economic milestone, with the cutting-edge multimodal cargo hub at Noida International Airport in Jewar significantly bolstering their progress, as noted by an official spokesperson.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..