CM praises Cial for socializing profit, launches digitization project
Kochi: Lauding
Cochin International Airport Ltd
(Cial) for being a model for socializing profit,
chief minister Pinarayi Vijayan
on Monday launched the Rs 200-crore
Cial 2.0 project
, which aims to fully digitize airport operations. Vijayan emphasized the strategic importance of ensuring safety of air passengers and protection of airport assets.
With around 50,000 passengers travelling through Kochi airport daily and close to 1,00,000 people visiting the premises for travel-related needs, security of digital assets becomes even more significant. The airport also hosts over 400 govt and non-govt agencies, 30 airlines, around 200 commercial establishments, including hotels, and more than 12,000 employees, making it a vast and complex travel hub.
Cial 2.0 project incorporates various initiatives focused on artificial intelligence, automation and foolproof cybersecurity to tackle emerging challenges in cyberspace and enhance travel experience.
As part of the project, full-body scanners have been introduced, eliminating need for physical pat-downs during security checks. An automated tray retrieval system has been implemented to speed up cabin baggage screening.
Additionally, 4,000 AI-enabled surveillance cameras have been installed to strengthen airport and perimeter security. Airport's existing bomb detection and disposal system is also being upgraded.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Her body cannot endure this level of pain; please help her.
Donate For Health
Learn More
Undo
"Apart from these initiatives, several large-scale projects launched last year are progressing rapidly. Apron construction, part of the Rs 700-crore international terminal development, is in its final stages. Commercial zone being constructed in front of Terminal 3 is also advancing steadily. These developments have created around 29,000 job opportunities," said a Cial official.
Cial authorities said the firm is committed to offering maximum benefits to investors, local communities and workers.
"In 2023-24 fiscal year, it distributed a 45% dividend to investors," said an official. The company also undertook multiple bridge construction projects and recently launched a society for cargo loading and unloading contract workers, which is functioning effectively. Cial plays a key role in Wayanad Model Township project initiated by state govt.
It is independently installing solar panels on all 400 houses in the township.
Industries minister P Rajeeve presided over the inaugural event. MLAs Anwar Sadath and Roji M John; MPs Benny Behanan, Hibi Eden and Haris Beeran, and Cial managing director S Suhas also attended the programme.
As part of the event, aero digital summit featuring an AI experience centre, a robotics display and a panel discussion involving leading national AI experts were held.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
32 minutes ago
- Hans India
Nitish Kumar inaugurates Bihar's first double-decker flyover in Patna
Patna: In a major boost to Bihar's urban infrastructure, Chief Minister Nitish Kumar on Wednesday inaugurated the state's first double-decker flyover in Patna, built at a cost of Rs 422 crore. The structure, hailed as a landmark in the city's smart mobility mission, aims to ease traffic congestion and improve connectivity in the capital. Constructed along Ashoka Rajpath, the multi-tier flyover introduces a three-level traffic system -- the first of its kind in Bihar. Tier 1 (Lower Deck) includes a 1.45 km stretch from Patna College to BN College. Tier 2 (Upper Deck) has a 2.2 km corridor from Kargil Chowk to Shatabdi Dwar, passing Patna Science College. Ground Level Service Road is 90 per cent complete, providing additional support for surface traffic. The flyover links key urban nodes, including the Patna Metro Rail Project and JP Ganga Path, and is expected to significantly decongest high-traffic areas such as PMCH, Science College, and Patna University. It also facilitates smoother travel for commuters from the Mahatma Gandhi Setu, Kankarbagh, and nearby areas. Integrated with broader urban development plans, the corridor connects to Bakarganj, Nala Road, multi-level parking facilities, and vital institutions, benefitting students, medical professionals, traders, and daily commuters alike. Calling it 'a confluence of technology, management, and aesthetics,' Nitish Kumar said the project represents Bihar's evolving identity. 'This is not just a bridge, but a vision. It will transform city commuting and serve as a model for urban infrastructure across the state,' he said at the inauguration. The Kargil Chowk -- Science College stretch, in particular, is expected to revolutionize mobility in central Patna, reducing travel time and improving emergency response access in the vicinity of major hospitals and colleges. This landmark project marks a significant milestone in Patna's smart city journey and reflects Bihar's growing emphasis on modern, future-ready infrastructure.
Hans India
32 minutes ago
- Hans India
Benchmarks close mixed in a volatile session
Mumbai: Benchmark BSE Sensex closed lower by 53 points in a volatile trade on Tuesday, snapping its four-day winning run due to profit-taking in banking and energy shares. The 30-share Sensex declined by 53.49 points or 0.06 per cent to settle at 82,391.72 with 14 of its constituents closing lower, 15 with gains and one remaining unchanged. The index opened higher and climbed further 235.58 points or 0.28 per cent to 82,680.79 in morning trade. However, the barometer pared gains later due to profit-taking in index major Reliance Industries, HDFC Bank and ICICI Bank. It dropped by 204.81 points or 0.24 per cent to hit a low of 82,240.40 during the day. The 50-share NSE Nifty eked out gains of 1.05 points to end at 25,104.25, marking its fifth straight day of gains on the back of gains in IT and pharma shares. In the past four days, the Nifty has jumped over 560 points or 2.27 per cent while the Sensex rallied 1,707.7 points or 2.11 per cent. Foreign Institutional Investors (FIIs) bought equities worth Rs 1,992.87 crore on Monday, according to exchange data. 'Markets traded in a lacklustre manner and ended almost unchanged, taking a breather after the recent surge. Participants remain slightly cautious amid mixed global cues, and the divergent trend among index heavyweights continues to weigh on overall sentiment,' Ajit Mishra – SVP, Research, Religare Broking Ltd, said. Among Sensex firms, Asian Paints, Bajaj Finance, Tata Steel, Bajaj Finserv, ICICI Bank, Maruti, Reliance Industries, HDFC Bank and Mahindra & Mahindra declined. Tech Mahindra, Tata Motors, Infosys, HCL Tech, IndusInd Bank and UltraTech Cement were among the gainers. Investors await the outcome of the US-China trade talks being held in London. The BSE smallcap gauge climbed 0.33 per cent and midcap index went up 0.04 per cent. Among sectoral indices, BSE Focused IT surged the most by 1.63 per cent, followed by IT (1.58 per cent), utilities (1.11 per cent), power (0.95 per cent), teck (0.87 per cent), healthcare (0.45 per cent) and commodities (0.40 per cent). Realty dropped 1.18 per cent, telecommunication (0.55 per cent), financial services (0.46 per cent), services (0.21 per cent) and consumer discretionary (0.16 per cent). Overall market breadth was positive with 2,232 stocks advancing, 1,805 scrips declining and 135 stocks settling unchanged on BSE. Meanwhile, the Association of Mutual Funds in India (AMFI) data showed that net inflows into equity mutual funds declined by 21.66 per cent to hit a 12-month low of Rs 19,013.12 crore in May.
Hans India
32 minutes ago
- Hans India
Oswal Pumps IPO on June 13 at Rs 584-614/share
New Delhi: Oswal Pumps on Tuesday said it has fixed a price band of Rs 584 to Rs 614 per share for its Rs 1,387-crore initial public offering (IPO). The initial share-sale will open public subscription on June 13 and conclude on June 17, the company said in a statement. The IPO is a combination of fresh issue of shares valued Rs 890 crore and an offer-for-sale (OFS) of 81 lakh stocks worth Rs 497.34 crore, at the upper end of the price band, by promoter Vivek Gupta. This aggregates the issue size at Rs 1,387.34 crore. Proceeds from the fresh issue will be used for funding certain capital expenditures of the company; investment in wholly owned subsidiary Oswal Solar in the form of debt or equity, setting up new manufacturing units at Karnal, Haryana, payment of debt, and for general corporate purposes. Oswal Pumps commenced operations in 2003 by manufacturing low-speedmonoblock pumps and over the years, it expanded operations to manufacture grid connected submersible pumps, and electric motors.
