AAI may take over operation of the multi-level car parking facility at city airport for now
The Airports Authority of India (AAI) is likely to take over the multi-level car parking facility at Chennai airport to address complaints about distant cab pick-up points and congestion at entry and exit areas.
The existing contractor who manages the Aero Hub (a huge shopping facility at the airport), car parking and cab pick-up points gave termination notice to the AAI some weeks ago. Since then, there have been several rounds of discussions in this regard, sources said.
'A final decision is expected from the Board next week on this issue,' a source said.
Meanwhile, it is learnt that the AAI has prepared a tender and will float bids shortly after the final decision from the board comes through. When the new contractor takes over, they need to operate two cab pick-up points, one closer to the T1 Terminal and the other in the multi-level car parking facility. However, as far as the Aero Hub is concerned, it is still not clear whether the AAI will take over or not and the decision lies with the board.
For many months, air passengers have been agitated over the shifting of cab pick-up point from T1 Domestic Terminal (near the National Flag point) to the second floor of a multi-level car parking facility.
With growing demand to restore the previous cab pick-up point, the AAI began mulling the possibility of an additional pick-up point. Following this, the contractor submitted the termination notice to the AAI, wanting to end the agreement over losses.
Ram Kumar, a frequent air passenger, said, 'It will be a big relief for passengers if they can take cabs from the old pick-up point. I found it so much more convenient as it didn't involve a very long walk or taking a lift to the Aero Hub. I'm hoping they make the second pick-up point available for air passengers at the earliest.'The heavily inundated Government Taluk Hospital in Vaniyambadi town near Tirupattur on Saturday.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Trump's 50 per cent tariff on steel and aluminium imports threatens India's $5 billion export sector: Experts
Representative image India's engineering exports are likely to face significant challenges following US President Donald Trump 's decision to impose a 50 per cent tariff on foreign steel and aluminium imports, according to the Engineering Export Promotion Council of India (EEPC). The new tariff, set to take effect from June 4, 2025, will apply to steel, aluminium, and their derivatives, doubling the existing duty. Steel and aluminium products constitute around 25 per cent of India's engineering exports to the US. 'The annual export of steel, aluminium and their derivatives to the US currently stands at around USD 5 billion,' said the EEPC. The EEPC noted that the earlier 25 per cent tariff on steel imports had already created considerable difficulties for Indian exporters. 'In case the US goes ahead with its plan and imposes a 50 per cent tariff on steel, aluminium and their derivatives, exports of these key items will become costlier, leading to a likely dip in shipments,' said Pankaj Chadha, chairman, EEPC India. Though India's direct steel exports to the US are relatively modest, the Trump tariff has disrupted global trade patterns by intensifying international competition and affecting prices. While the UK managed to secure exemptions from the 25 per cent tariff through a bilateral trade agreement, the EEPC urged India to seek similar relief during the ongoing bilateral trade agreement (BTA) discussions with the US. "This is perhaps not the opportune time to introduce such unilateral tariff especially when BTA negotiations are going on. It can make the work of the negotiators tricky. The proposed tariff increase by the Trump administration is likely to impact the engineering exports which are about USD 5 billion under this head," added Pankaj Chadha added. The Aluminium Association of India (AAI) also voiced concern over the US decision, warning that doubling the aluminium import tariffs would hurt Indian manufacturers already struggling against low-cost imports. On May 30, President Trump announced the increase in aluminium tariffs from 25 per cent to 50 per cent, also effective from June 4. 'The 50 per cent tariff announced by Trump will damage the Indian aluminium industry, which is already under pressure from surging low-cost imports,' the AAI said in a statement. Aluminium is a strategically important metal for sectors such as defence, aerospace, telecommunications, energy transition, power and construction. The AAI pointed out the rising influx of primary aluminium and low-quality scrap into India and called for protective measures similar to the recent 12 per cent provisional safeguard duty imposed on certain steel imports. The association highlighted that the aluminium industry has invested over Rs. 1.5 lakh crore to build a domestic production capacity of 4.2 million tonnes per annum (MTPA), and deserves similar safeguards. B K Bhatia, Director General of the Federation of Indian Mineral Industries (FIMI), noted that the US accounted for $946 million of India's aluminium exports. 'We are hopeful that this issue will get resolved during ongoing trade negotiations between India and USA,' he said. In 2024-25, India's exports to the US under this category comprised $587.5 million in iron and steel, $3.1 billion in articles of iron and steel, and $860 million in aluminium products, totalling $4.56 billion. The latest tariff hike falls under Section 232 of the US Trade Expansion Act of 1962, which allows the US President to impose duties if imports are deemed a threat to national security. President Trump had previously imposed a 25 per cent tariff on steel and a 10 per cent tariff on aluminium in 2018, later raising aluminium tariffs to 25 per cent in February 2025. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
an hour ago
- Time of India
Trump's move to double aluminium import tariff will hurt Indian exporters, says industry body
Aluminium industry body AAI has expressed concerns that US President Donald Trump 's announcement to double tariffs on aluminium imports in that country will hurt the Indian manufacturers who are already under pressure from surging low-cost imports. On May 30, Trump announced that he would double the existing 25 per cent tariffs on aluminium imports from June 4. "The 50 per cent tariff announced by Trump will damage the Indian aluminium industry, which is already under pressure from surging low-cost imports," Aluminium Association of India (AAI) said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you have a mouse, play this game for 1 minute Navy Quest Undo The metal has strategic importance to the country and critical to industries such as defence, aerospace, energy transition, telecommunications, power and construction, it said, adding that both primary aluminium and poor quality scrap are entering the country in large volumes, threatening to create a surplus, suppress domestic prices, and undercut the viability of domestic producers. Also Read: India's top miner tests local iron ore pricing; shift from global index, source says Live Events Though the government just announced a 12 per cent provisional safeguard duty on certain steel imports, AAI said there should be duty guardrails for the aluminium industry as well, which has so far invested more than Rs. 1.5 lakh crore to set up the current domestic primary aluminium capacity of 4.2 million tonnes per annum (MTPA). FIMI Director General B K Bhatia stated that the major share of Indian exports of aluminium is accounted by US valuing about USD 946 million. A further increase in tariff is bound to have adverse impact on Indian aluminium exports market. "We are hopeful that this issue will get resolved during ongoing trade negotiations between India and USA," he said. In 2024-25, India exported iron, steel, and aluminium products worth USD 4.56 billion to the US, with key categories including USD 587.5 million in iron and steel, USD 3.1 billion in articles of iron or steel and USD 860 million in aluminium and related articles. This proposed hike is tariff comes under Section 232 of the US Trade Expansion Act of 1962, which allows the president to impose tariffs or other trade restrictions if imports are deemed a threat to national security. Trump originally invoked this provision in 2018 to set the 25 per cent tariff on steel and 10 per cent on aluminium. He raised tariffs on aluminium to 25 per cent in February 2025. PTI
Mint
2 hours ago
- Mint
Aluminium industry body says Trumps move to double tariff will hurt sector
New Delhi, Aluminium industry body AAI has expressed concerns that US President Donald Trump's announcement to double tariffs on aluminium imports in that country will hurt the Indian manufacturers who are already under pressure from surging low-cost imports. On May 30, Trump announced that he would double the existing 25 per cent tariffs on aluminium imports from June 4. "The 50 per cent tariff announced by Trump will damage the Indian aluminium industry, which is already under pressure from surging low-cost imports," Aluminium Association of India said. The metal has strategic importance to the country and critical to industries such as defence, aerospace, energy transition, telecommunications, power and construction, it said, adding that both primary aluminium and poor quality scrap are entering the country in large volumes, threatening to create a surplus, suppress domestic prices, and undercut the viability of domestic producers. Though the government just announced a 12 per cent provisional safeguard duty on certain steel imports, AAI said there should be duty guardrails for the aluminium industry as well, which has so far invested more than Rs. 1.5 lakh crore to set up the current domestic primary aluminium capacity of 4.2 million tonnes per annum . FIMI Director General B K Bhatia stated that the major share of Indian exports of aluminium is accounted by US valuing about USD 946 million. A further increase in tariff is bound to have adverse impact on Indian aluminium exports market. "We are hopeful that this issue will get resolved during ongoing trade negotiations between India and USA," he said. In 2024-25, India exported iron, steel, and aluminium products worth USD 4.56 billion to the US, with key categories including USD 587.5 million in iron and steel, USD 3.1 billion in articles of iron or steel and USD 860 million in aluminium and related articles. This proposed hike is tariff comes under Section 232 of the US Trade Expansion Act of 1962, which allows the president to impose tariffs or other trade restrictions if imports are deemed a threat to national security. Trump originally invoked this provision in 2018 to set the 25 per cent tariff on steel and 10 per cent on aluminium. He raised tariffs on aluminium to 25 per cent in February 2025. This article was generated from an automated news agency feed without modifications to text.
