India, US to promote sustainable aviation fuel and hydrogen in buses
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Tuticorin Airport upgradation set for December completion
Tuticorin Airport in Tamil Nadu is undergoing a significant upgrade, with an expected completion date in December 2024. The project, valued at Rs 3.81billion, is being carried out by the Airports Authority of India (AAI) and involves the extension of the runway to accommodate A-321 type aircraft, construction of a new apron, a new terminal building, a technical block with a control tower, and a new fire station. The new terminal building, covering 17,500 square meters, will significantly enhance the airport's capacity, enabling it to serve 1,440 passengers during peak hours and handle up to 2 ..
Airfare hike not tied to increased airport charges; ACI
The Airports Council International (ACI) stated that rising airfares are not linked to increased airport charges. Airport charges are crucial for infrastructure development within the commercial aviation ecosystem, but they remain a minimal part of the overall airfare. Stefano Baronci, Director General of ACI Asia Pacific & Middle East, emphasized that airports are infrastructure-intensive businesses, with costs dominated by maintaining essential infrastructure such as runways, taxiways, aprons, and terminal buildings. He noted that neglecting the capital expenditure needed to support future g..
ArcelorMittal and Nippon Steel India together launch Magnelis
ArcelorMittal Nippon Steel India (AMNS India), a joint venture between ArcelorMittal and Nippon Steel, announced the launch of Magnelis, a steel brand renowned globally for its corrosion resistance and self-healing properties. Magnelis, ArcelorMittal's patented brand, is now being produced in India, enhancing supply efficiency for key sectors like renewable energy and reducing the nation's reliance on imported specialty steel products. Dilip Oommen , CEO, AMNS India highlighted that the launch of Magnelis aligns with India's Atmanirbhar Bharat initiative. By producing this high-performance st..