IndiGo & Air India Establish Leasing Units at GIFT City
AVIATION & AIRPORTS

IndiGo & Air India Establish Leasing Units at GIFT City

IndiGo and Air India have announced a strategic collaboration to establish aviation leasing units in the Gujarat International Finance Tec-City (GIFT City). This partnership marks a significant development in India's aviation sector, enhancing the country's presence in the global aviation leasing market.

GIFT City, located in Gandhinagar, Gujarat, is India's first International Financial Services Centre (IFSC) and aims to become a global financial hub. IndiGo and Air India's decision to set up leasing units here demonstrates their commitment to expanding their presence in the finance and aviation sectors.

The move is expected to stimulate investment and boost economic activities in the region, creating employment opportunities and driving growth. Additionally, it will facilitate the leasing of aircraft, engines, and other aviation assets, streamlining the aviation industry's financial operations.

By leveraging their extensive experience and expertise, IndiGo and Air India are poised to make a significant impact in the aviation leasing sector, supporting the growth of India's aviation industry. This collaboration aligns with the government's 'Make in India' initiative and underscores the nation's determination to excel in the global aviation market.

IndiGo and Air India have announced a strategic collaboration to establish aviation leasing units in the Gujarat International Finance Tec-City (GIFT City). This partnership marks a significant development in India's aviation sector, enhancing the country's presence in the global aviation leasing market. GIFT City, located in Gandhinagar, Gujarat, is India's first International Financial Services Centre (IFSC) and aims to become a global financial hub. IndiGo and Air India's decision to set up leasing units here demonstrates their commitment to expanding their presence in the finance and aviation sectors. The move is expected to stimulate investment and boost economic activities in the region, creating employment opportunities and driving growth. Additionally, it will facilitate the leasing of aircraft, engines, and other aviation assets, streamlining the aviation industry's financial operations. By leveraging their extensive experience and expertise, IndiGo and Air India are poised to make a significant impact in the aviation leasing sector, supporting the growth of India's aviation industry. This collaboration aligns with the government's 'Make in India' initiative and underscores the nation's determination to excel in the global aviation market.

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?