New Terminal at Vijayawada Airport Set for June 2025 Completion

02 Aug 2024 CW Team

The expansion of Vijayawada Airport is advancing with the construction of a new terminal building, scheduled for completion by June 2025. This development aims to significantly enhance the airport's capacity and facilities, accommodating the growing passenger traffic and improving overall travel experience.

The new terminal will feature modern amenities, increased passenger handling capacity, and upgraded services, reflecting the commitment to meet the increasing demand for air travel in the region. The project includes the construction of additional check-in counters, baggage claim areas, and passenger lounges, ensuring a more efficient and comfortable travel environment.

The initiative is part of a broader effort by the Airports Authority of India (AAI) to upgrade and expand infrastructure across the country. The upgraded terminal is expected to support the local economy by improving connectivity and attracting more airlines to the region, thereby boosting tourism and business opportunities.

Currently, construction is progressing as planned, with various phases of the project underway. The new terminal will not only enhance operational efficiency but also provide a more pleasant and streamlined experience for passengers.

This expansion aligns with the government's vision of modernising airport infrastructure to handle increasing passenger volumes and support regional development. Once completed, the new terminal will mark a significant milestone for Vijayawada Airport, enhancing its role as a key hub in India's aviation network.

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..