Modi inaugurates 23 projects, including 7 airport expansions

22 Oct 2024 CW Team

Prime Minister Narendra Modi inaugurated 23 significant projects worth Rs 6,611.18 crore, including seven airport expansions, during his visit to his parliamentary constituency on October 20. The inauguration featured completed projects at Rewa (Madhya Pradesh), Ambikapur (Chhattisgarh), and Sarsawa (Saharanpur, UP) airports, along with the foundation laying for expansions at Lal Bahadur Shastri International Airport (Varanasi) and new terminals at Bagdogra (West Bengal), Darbhanga (Bihar), and Agra airports.

Divisional Commissioner Kaushal Raj Sharma confirmed that the cost for the LBSI Airport expansion and new terminal building is Rs 2,870 crore. Other airport projects include the New Civil Enclave at Bagdogra (Rs 1,550 crore), Darbhanga (Rs 912 crore), and Agra (Rs 579 crore).

Additionally, the PM will lay the foundation for a new academic block and girls' hostel at Kasturba Gandhi Balika Vidyalaya in Arajiline, Varanasi, costing Rs 4.17 crore.

Projects set for inauguration include new terminal buildings for Rewa Airport (Rs 91 crore), Maa Mahamaya Airport in Ambikapur (Rs 80.32 crore), and the New Civil Enclave at Sarsawa Airport (Rs 54.56 crore). In Varanasi, the PM will inaugurate 14 projects worth Rs 380.13 crore, which include the redevelopment of Varanasi Sports Complex Sigra (Rs 216.29 crore), pro-poor tourism development at Sarnath (Rs 90.20 crore), and various hostel and infrastructure projects across the region.

A private project for the construction of RJ Shankara Eye Hospital, valued at Rs 90 crore, will also be inaugurated.

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..