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Express transportation firm FedEx on Wednesday said it will invest over Rs 2,500 crore in setting up a 300,000 sq ft fully automated cargo hub at Navi Mumbai International Airport. The facility will be designed as a regional consolidation and redistribution hub and developed in partnership with Adani Airport Holdings Ltd (AAHL), FedEx said. Earlier in the day, the ground-breaking ceremony for the facility was held at the cargo terminal site of the Navi Mumbai International Airport in presence of Maharashtra Chief Minister Devendra Fadnavis; Raj Subramaniam, President and CEO, FedEx; Richard Smith, CEO, Airline and COO, International, FedEx; Kami Viswanathan, President, FedEx Middle East, Indian Subcontinent and Africa (MEISA);and Jeet Adani, Director, AAHL, among others. The hub leverages NMIA's multimodal infrastructure to strengthen western India's international trade corridor. Once operational, the hub is expected to create more than 6,000 direct and indirect employment ...
Regulator Trai is examining the pricing issue that telecom operators are facing for deploying network in and around Adani Group-backed Navi Mumbai International Airport, a top official said on Wednesday. Trai Chairman Anil Kumar Lahoti said industry body COAI has approached it for intervention, and the regulator has sought more details around the price that telecom operators have paid in the past for setting up networks. "The letter that COAI has written has raised four issues. Three of those pertain to right-of-way. There is one issue regarding the pricing. We have asked for certain details from COAI regarding how they have entered into agreements in the past. We will study those, and then we will take further action," Lahoti said. He said that the Telecom Regulator Authority of India will not require any specific reference from the government, and it can suo-moto proceed on the matter based on reference received from the Cellular Operators Association of India. Right-of-way (RoW)
The Adani Group-promoted Navi Mumbai International Airport (NMIA) will commence commercial flight operations on Thursday, according to a statement. First conceived in 1997 by Maharashtra's city planning agency, City and Industrial Development Corporation (CIDCO), Prime Minister Narendra Modi laid the foundation stone for the airport in 2018. The airport was inaugurated by the Prime Minister on October 8 this year. At the foundation-laying ceremony, Chief Minister Devendra Fadnavis had announced that the "first flight from Navi Mumbai International Airport will take off in December 2019". Since 2021, Adani Airports Holdings Limited (AAHL), a subsidiary of Adani Enterprises Limited (AEL), has led the development, construction, and operational readiness of the greenfield airport, progressing it from accelerated construction to phased commercial operations within a compressed time frame. Now, finally, the airport, inspired by India's national flower, the lotus, the terminal architectu