Delhi Airport; Fourth Runway to Become Operational in Sept

25 Apr 2023 CW Team

New Delhi's Indira Gandhi International Airport is getting a major upgrade. September is probably the commencement of the airport's fourth runway and new terminal's commercial operations. The Delhi Airport will then be the only airport in India with four runways as a result.

The fourth runway will be operational and a new terminal will be added to Delhi Airport in September 2023. The Indian aviation industry is expanding quickly, and we are gearing up for better connectivity and infrastructure with a renewed focus on innovation, according to Rajiv Bansal, the aviation secretary, who made the announcement on Thursday.

The fourth runway, which will be somewhat shorter than the third runway known as 29/11, is anticipated to be about 4,400 metres long and 75 metres wide. This upgrade is anticipated to significantly reduce flight wait times, facilitating quick aircraft handling at the airport.

The expansion proposal for the Delhi airport's Phase III-A includes the new runway. The current Terminal 1 will be degraded, a fourth runway will be built, and other development projects would boost the airport's capacity from 66 million to 100 million passengers annually for an investment of $98,000 million.

According to passengers handled, the IGI Airport was recently listed as one of the top 10 busiest airports in the world. Prior to Paris's Charles de Gaulle Airport, Delhi Airport was placed tenth for 2022 by the Airports Council International (ACI). The largest airport in India, Delhi, is the only one from South and Southeast Asia to make the list of the top 10 busiest airports compiled by ACI.

In 2022, the Delhi airport handled close to 59.5 million passengers, according to ACI figures. For 2021 and 2019, the airport was ranked as the 13th and 17th busiest, respectively.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..