Tag: Jewar

Indian aviation sector will see Rs 1 lakh cr investment in five years

It is reported that the aviation sector in India, currently growing at nearly 28 per cent, will see an investment of close to Rs 1 lakh cr in the next five years for capacity augmentation and development of new greenfield airports, according to Minister of State for Civil Aviation Jayant Sinha. The Aviation ministry is planning to achieve 1 billion passenger trips per annum within the next 15-20 years. “The capacity addition will come with other amenities such as use of digital technology for passenger verification and bringing about a paradigm shift in airport designs,” said the minister. The Airport ... Read more

Noida’s Jewar airport work to begin in 2019

The construction of the proposed Jewar International Airport in Greater Noida is expected to begin in 2019. The Uttar Pradesh government had set up a joint venture company tp acquire 1441 hectre of land for the project at a cost of Rs 4000 crore. The project has got a no objection certificate from the home and defence ministries. The project has also received an in-principle clearance for immigration services. The airport will not only bring Kanpur and Allahabad closer to National Capital Region under the regional connectivity scheme Ude Desh Ka Aam Nagrik (UDAN) but also benefit locations in neighbouring ... Read more