GMR Group to invest 50,000mn in Bhogapuram Airport

10 Mar 2023 CW Team

The first phase of construction for the international airport being built by the GMR Group in Bhogapuram, close to Visakhapatnam, will cost $50,000 million.

The first phase of the airport will be created to serve six million people annually, GMR Group Chairman GM Rao said at the opening session of the Global Investors Conference 2023 in Visakhapatnam. "The Bhogapuram Airport will be constructed in stages, with the first serving six million passengers and the last having a capacity of forty million (per annum). The initial funding round will cost $50 million "Rao declared.

According to him, the airport will include cutting-edge cargo facilities that will handle exports as well as an aerotropolis and airport city surrounding it that would include an industrial zone, an airspace zone, and zones for education and healthcare.

Rao added that the airport would emulate the Hyderabad Aerodrome's achievements, aiding in the transformation of Visakhapatnam City and establishing the state as the most sought-after investment destination.

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..