Modi to Inaugurate Navi Mumbai Airport and Metro Projects

03 Oct 2025 CW Team

Prime Minister Narendra Modi will inaugurate the Navi Mumbai International Airport (NMIA) and the final phase of Mumbai’s Metro-3 corridor, along with key stretches of the city’s metro expansion, on 8 and 9 October. The inauguration coincides with his participation in the International Fintech Festival in Mumbai.

With the commissioning of the final 6.5 km stretch between Acharya Atre Road and Cuffe Parade, the entire 33.5 km Colaba–Bandra–SEEPZ Metro-3 line will become fully operational. Modi had earlier inaugurated the Aarey–BKC stretch in October 2024 and the BKC–Acharya Atre Road segment in May 2025.

The Prime Minister will also launch the first phase of Metro Line-2B, connecting Mandale to Chembur (Diamond Garden), further boosting east-west connectivity in the city.

Meanwhile, Chief Minister Devendra Fadnavis confirmed that the state government has formally proposed naming the Navi Mumbai International Airport after social activist D. B. Patil, with the Centre responding positively. He also sought the transfer of 58 acres of Airports Authority of India land in Dahisar (East) to the Brihanmumbai Municipal Corporation (BMC) for public use and urban development.

Developed as a greenfield airport through a joint venture between Adani Airport Holdings Ltd (74 per cent) and CIDCO (26 per cent), NMIA’s first phase will handle 20 million passengers annually and 0.5 million metric tonnes of cargo. Future phases aim to expand capacity to 90 million passengers and 3.2 million metric tonnes of cargo.

Air India Express, the low-cost arm of the Air India group, will be the first airline to operate from NMIA, with 20 daily departures covering 15 cities during Phase 1. The group plans to expand to 55 daily departures, including international services, by mid-2026 and 60 daily departures by winter 2026.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..