Will Visakhapatnam, Kolkata, Chennai and Pune get a second airport?

12 Jun 2019 CW Staff

Despite the Jet Airways crises, India is still positioned as one of the fastest growing domestic aviation markets in the world. That said, reports indicate that the Civil Aviation Ministry is planning on offering additional options for travelers with talks on for a second airport to be planned and developed in India.

According to reports, India and China will account for almost half of the world’s air passenger growth in the next two decades. With this, major Indian cities would definitely require second airports. With Mumbai and Delhi ready to get a second airport, talks are on for Visakhapatnam, Kolkata, Chennai, and Pune, among other cities.

As reported, the Airports Authority of India (AAI) Chief raised concerns on the rising demand for air travel in the country and the need for a second airport in Indian cities. It is known that AAI is operating 125 airports, including11 international aerodromes. The challenges lies in land acquisition as the AAI Chief has been reportedly cited stating that the construction of an airport requires at least 2,000 acre, and that AAI along with the Ministry of Civil Aviation has been writing to state governments to reserve land for a second airport.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..