Budget 2024: Sharp cut for regional air connectivity scheme Udan
The civil aviation ministry will receive ₹2300 crore in FY25, with ₹1158.79 crore allocated to Air India Asset Holding Ltd for loan servicing.
Source: livemint.com
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40,000 Rail Coaches To Be Upgraded To Vande Bharat Standards: Finance Minister
Emphasising that the Centre will retain its focus on enhancing connectivity and passenger comfort, Finance Minister Nirmala Sitharaman said 40,000 normal train coaches will be converted to Vande Bharat standards.
Source: ndtv.com
Govt s Commitment To Aviation Infra Development Takes Flight In Interim Budget - BW Businessworld
Finance Minister Nirmala Sitharaman emphasises airport infrastructure growth, Udan success, tourism promotion, and private sector support in the 2024-25 interim budget, , Interim Budget 2024-25, aviation
Source: businessworld.in
Airbus and Tata Group to establish India's first private-sector helicopter final assembly line
This facility will produce the Airbus H125 helicopter from its civil range for India and export to neighboring countries.
Source: verticalmag.com
First for India: Airbus & Tatas to make civil use choppers in the country
India Business News: Tata Group and Airbus will establish a helicopter manufacturing facility in India. The facility will have a final assembly line for producing Airbus H
Source: indiatimes.com