Amid growing air traffic, India would need to treble its airports capacity (terminal building capacity) at an estimated capital expenditure (CapEx) of Rs. 2.4 lakh crore in the next ten years, much higher than around Rs. 52,000 crores incurred over the last decade, credit-rating body ICRA opined. The airports infrastructure sector in India is increasingly […]
Day: October 7, 2017
India, EU stress for connectivity initiatives based on international norms
India and the European Union (EU) today emphasised that connectivity initiatives must be based on universally recognised international norms, transparency and equality, seen as an apparent reference to China’s OBOR project. Prime Minister Narendra Modi after a meeting with Donald Tusk, the president of the European Council, and Jean Claude Juncker, the president of the […]