Navi Mumbai Airport to Feature Exclusive VVIP Terminal by 2030

11 Mar 2025 CW Team

The upcoming Navi Mumbai International Airport (NMIA) is set to introduce a dedicated VVIP terminal, catering exclusively to high-profile personalities, including top government officials, business tycoons, and film celebrities. This exclusive terminal will be developed as part of the airport’s third phase of expansion, scheduled for completion by 2030, according to official documents.

A New Standard for High-Profile Travel The VVIP terminal, which will begin construction in FY 2026, is expected to enhance privacy and security for its distinguished users. It will serve:

Central and state government officials Governors and chief ministers Defence personnel and top bureaucrats Film stars and business magnates Family members of the airport’s promoters Additionally, the terminal will accommodate general aviation operations, ensuring a seamless travel experience for private jet flyers.

A First for Mumbai’s Aviation Infrastructure Unlike Mumbai’s existing airport, which lacks a dedicated VVIP facility, NMIA’s exclusive terminal will set a new benchmark in Indian aviation. The airport is being developed by Navi Mumbai International Airport Ltd (NMIAL), a joint venture between Adani Airport Holdings Ltd (AAHL) and the City and Industrial Development Corporation of Maharashtra (CIDCO).

While NMIAL has not yet responded to inquiries regarding this development, sources confirm that the first phase of NMIA is expected to be operational after May 15, 2025.

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..