India Becomes World’s Third-Largest Aviation Market

19 Nov 2025 CW Team

Civil Aviation Minister K. Ram Mohan Naidu has announced that India now ranks as the world’s third-largest aviation market, underscoring the nation’s rapid economic growth and expanding air connectivity. He made the remarks while inaugurating the Airports Authority of India (AAI) Pavilion at the 44th India International Trade Fair in New Delhi.

Speaking to the media, the Minister highlighted the importance of introducing children to aviation knowledge early, noting that building technical awareness will inspire a highly skilled future workforce. He emphasised that the pavilion demonstrates aircraft operations and offers visitors—particularly students—valuable exposure to aviation technology and the functioning of air transport.

Mr Naidu said the aviation sector’s strong performance is a major driver of India’s progress towards a self-reliant and Viksit Bharat. Continuous expansion and modernisation of airport infrastructure across the country, he noted, has significantly boosted passenger experience, strengthened regional connectivity and improved overall operational capability.

The Minister added that the government’s sustained efforts have supported the growth of new routes, enhanced services and reinforced India’s position as one of the fastest-growing aviation markets worldwide.

Image source

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..