Seven More Airports to Come in AP: CM

06 Jan 2025 CW Team

Chief Minister N. Chandrababu Naidu said that Andhra Pradesh would have seven new airports. The projects are currently in the planning stage.Union civil aviation minister Rammohan Naidu and senior officials of the Airports Authority of India attended a review meeting on the aviation network in the state at the chief minister’s residence. It focussed attention on the construction and expansion of airports, along with the plans for new airports. The chief minister noted that AP has a total of seven civil aviation facilities. The AAI manages the Visakhapatnam, Tirupati, Kadapa, Rajahmundry and Gannavaram airports. The Kurnool airport is managed by the state government while the one in Puttaparthi is a private airstrip. In addition to these, work is on for the Bhogapuram International Airport. The CM said, “In view of the increasing needs, the state government has decided to launch 7 more airports. While some of these projects were taken up during the previous Telugu Desam government's tenure, these were kept in cold storage for the past five years.” “The present government has resolved to get them on track again,” he said. Naidu said the new airports will be in Kuppam, Dagadarthy, Srikakulam, Tadepalligudem, Nagarjuna Sagar, Tuni-Annavaram and Ongole. A feasibility report has been prepared for Kuppam Airport. The construction of this airport will be done in two phases. A total of 1,250 acres have already been identified, including 683 acres in the first phase and 567 acres in the second phase, he said. Officials explained that since IAF, HAL and Bangalore International Airports are located nearby, the air space issue also arises. NOC has to be obtained from the relevant authorities. For the Srikakulam airport, the feasibility survey has been completed. It will be built on 1,383 acres in two phases. Land acquisition has started. The work will be undertaken on 680 acres in Phase 1 and 536 acres in Phase 2.

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..