The Chaudhary Charan Singh International Airport (CCSIA) in Lucknow will be greatly improved in the near future. The Adani Group intends to invest up to Rs 5,000 crore in the project.
Adani Group
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Exclusive| Adani group plans to invest Rs 10,700 crore in the expansion of Lucknow International airport
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The Adani Group has made a non-binding offer of 462 crore to purchase Air Works, one of India’s oldest maintenance and repair companies for aircraft.
Reliance Group’s Asteria Aerospace designs and develops drone-based solutions to change enterprise operations using aerial data. It develops customized drone solutions operating in-house hardware design, software development, and manufacturing capabilities.
The Adani Group, which handles seven airports in the country, is looking to invest in Mumbai-based Air Works Group, a 71-year-old firm that is India’s biggest independent aircraft maintenance, repair, and overhaul (MRO) organization.
Navi Mumbai International Airport Ltd achieved a ‘major milestone’ two months ago, giving authorities the confidence to complete the much-delayed project by December 2024.