Navi Mumbai Airport to Begin Operations by September 2025

10 Jul 2025 CW Team

Navi Mumbai International Airport Set for September Launch

Minister Uday Samant Says 95% of Work Complete; Phase 1 to Start with Limited Capacity

Date: 08 July 2025 | Source: Hindustan Times

The long-awaited Navi Mumbai International Airport is expected to begin operations in September 2025, according to Maharashtra Industries Minister Uday Samant. Although initially slated for an end-of-August launch, the project has faced minor delays, pushing the opening into the following month.

“About 95 per cent of construction is complete. The first phase will become operational within the next two months, beginning with limited capacity,” Samant informed the Maharashtra Legislative Assembly during a debate on state investments. The airport’s second phase will follow a few months later.

Maharashtra Tops in MoU Implementation

Samant also reported strong progress on investment MoUs, claiming Maharashtra has the highest realisation rate in India, with 87 per cent of signed agreements implemented.

Over the past three years, the state has signed MoUs worth:

4. Rs 1.80 trillion (Rs 1.80 lakh crore)

5. Rs 7 trillion (Rs 7 lakh crore)

6. Rs 15.72 trillion (Rs 15.72 lakh crore)

Of the 46 companies that signed MoUs:

7. 15 firms have received land allotments

8. 7 more will receive land shortly

9. 20 await plots based on specific requests

10. 4 industrial units are already set to begin operations

Industrial Growth in Regions like Gadchiroli

Samant highlighted the state's focus on equitable industrial development, noting that Gadchiroli is emerging as a steel production hub, with investments of Rs 1 trillion (Rs 1 lakh crore).

He credited the CM Employment Guarantee Scheme for the establishment of 62,000+ industrial units, stating this was six times higher than during the previous government’s tenure.

FDI and Vishwakarma Scheme Leadership

Under the leadership of CM Devendra Fadnavis and Deputy CM Eknath Shinde, Samant said Maharashtra continues to lead in foreign direct investment (FDI) inflows and ranks among the top three states in implementing the Centre’s Vishwakarma Scheme for artisans and skilled tradespeople.

BMC’s Financial Health Addressed

Responding to concerns about the financial liabilities of the Brihanmumbai Municipal Corporation (BMC), Samant revealed that liabilities have grown to Rs 2.32 trillion (Rs 2.32 lakh crore), marking a 22 per cent rise over the past year. However, he dismissed allegations of financial mismanagement, attributing the increase to ongoing infrastructural commitments.

Reported by: Surendra P. Gangan

Published by: Hindustan Times

Navi Mumbai International Airport Set for September LaunchMinister Uday Samant Says 95% of Work Complete; Phase 1 to Start with Limited CapacityDate: 08 July 2025 | Source: Hindustan TimesThe long-awaited Navi Mumbai International Airport is expected to begin operations in September 2025, according to Maharashtra Industries Minister Uday Samant. Although initially slated for an end-of-August launch, the project has faced minor delays, pushing the opening into the following month.“About 95 per cent of construction is complete. The first phase will become operational within the next two months, beginning with limited capacity,” Samant informed the Maharashtra Legislative Assembly during a debate on state investments. The airport’s second phase will follow a few months later.Maharashtra Tops in MoU ImplementationSamant also reported strong progress on investment MoUs, claiming Maharashtra has the highest realisation rate in India, with 87 per cent of signed agreements implemented.Over the past three years, the state has signed MoUs worth:4. Rs 1.80 trillion (Rs 1.80 lakh crore)5. Rs 7 trillion (Rs 7 lakh crore)6. Rs 15.72 trillion (Rs 15.72 lakh crore)Of the 46 companies that signed MoUs:7. 15 firms have received land allotments8. 7 more will receive land shortly9. 20 await plots based on specific requests10. 4 industrial units are already set to begin operationsIndustrial Growth in Regions like GadchiroliSamant highlighted the state's focus on equitable industrial development, noting that Gadchiroli is emerging as a steel production hub, with investments of Rs 1 trillion (Rs 1 lakh crore).He credited the CM Employment Guarantee Scheme for the establishment of 62,000+ industrial units, stating this was six times higher than during the previous government’s tenure.FDI and Vishwakarma Scheme LeadershipUnder the leadership of CM Devendra Fadnavis and Deputy CM Eknath Shinde, Samant said Maharashtra continues to lead in foreign direct investment (FDI) inflows and ranks among the top three states in implementing the Centre’s Vishwakarma Scheme for artisans and skilled tradespeople.BMC’s Financial Health AddressedResponding to concerns about the financial liabilities of the Brihanmumbai Municipal Corporation (BMC), Samant revealed that liabilities have grown to Rs 2.32 trillion (Rs 2.32 lakh crore), marking a 22 per cent rise over the past year. However, he dismissed allegations of financial mismanagement, attributing the increase to ongoing infrastructural commitments.Reported by: Surendra P. GanganPublished by: Hindustan Times

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..