Madhya Pradesh to Get New Airport in Shivpuri

20 Feb 2025 CW Team

The Madhya Pradesh government has approved 292 acres of land for the development of Shivpuri airport, marking a significant step in enhancing the state's air connectivity. The decision was finalised during a cabinet meeting chaired by Chief Minister Dr Mohan Yadav.

Currently, Shivpuri has an airstrip, which will be upgraded into a full-fledged airport by the Airports Authority of India (AAI). The facility will be capable of handling aircraft like the ATR-72. Union Minister of Communications and Guna-Shivpuri MP, Jyotiraditya Scindia, welcomed the approval and expressed gratitude to CM Mohan Yadav. Scindia had previously played a key role in securing approvals for airports in both Guna and Shivpuri during his tenure as Civil Aviation Minister.

Once operational, the new airport is expected to boost Shivpuri’s economic growth and tourism, strengthening the region’s connectivity and development.

(patrika)

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..