Gujarat wants greenfield airport for Ahmedabad
29 Dec 2006
The state government wants a state-of-the-art international airport, on the lines of Singapore's Changi airport, in proximity of its commercial capital. And unlike West Bengal, Gujarat has no problems if the airport were to be privately built.
With non-resident Gujaratis settled all around the world, cities like Ahmedabad, Vadodara, Rajkot, and even Bhuj witness a huge traffic of expatriates who come home every year or two on holidays. Many international airlines have their offices in Ahmedabad and other cities, and there have been calls for a modern international airport for the city.
The state government is now looking at the possibility of a greenfield airport, costing around Rs8,000 crore on 4,000 hectares of land, in Mehmedabad, Dholera, or Sanand, on the outskirts of Ahmedabad.
The central government had earlier turned down a proposal for an international airport near Ahmedabad, as the site was not found favourable. The Airport Authority of India has proposed a Rs300 crore modernisation of the existing airport in Ahmedabad. But the state government feels there is not much scope for expansion at the present site.
With the federal government having succeeded in getting the privatisation and modernisation of Mumbai and Delhi international airports, there is growing demand for similar projects elsewhere in the country. Both the Tamil Nadu and West Bengal governments are keen that the Chennai and Kolkata airports be modernised.
The Maharashtra government is also pushing for a new greenfield project in Navi Mumbai. Bangalore and Hyderabad are also getting new greenfield projects, while Kerala - the state with a large number of international airports - is also expecting a lot of investments in airport infrastructure.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation