Site Clearance Granted for Greenfield Airport at Daloo

02 Aug 2024 CW Team

The Indian government has granted site clearance for a new greenfield airport in Daloo, marking a significant step forward in regional infrastructure development. Union Minister of Civil Aviation, Jyotiraditya Scindia, announced the approval in the Rajya Sabha, underscoring the project's potential to enhance connectivity and drive economic growth in the area.

The greenfield airport at Daloo is envisioned to bolster air travel and boost local economies by improving accessibility. This development is part of a broader strategy to expand and modernise India's airport infrastructure, catering to increasing passenger demand and fostering regional connectivity.

The approval process involved comprehensive evaluations, including environmental impact assessments and technical feasibility studies, ensuring that the project meets all regulatory and safety standards. With site clearance now granted, the next phase will involve detailed planning and construction, which are expected to proceed according to established timelines.

The Daloo airport project is anticipated to create numerous employment opportunities and support local businesses by facilitating easier access to major cities and international destinations. It aligns with the government's vision of enhancing infrastructure in underserved regions and supporting balanced regional development.

As construction progresses, stakeholders and local communities are looking forward to the positive impacts of the new airport, which promises to enhance connectivity, support economic activities, and improve overall quality of life in the region.

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..