Maha: Speakers outline key priorities into building airport ecosystems
The roundtable, hosted by Media Fusion under the theme 'Reimagining Airport Passenger Infrastructure through Innovation, Technology and Sustainability,' brought together a distinguished panel of speakers: Joseph Gouda, Joint Director, Indian Revenue Service; Sumeet Suseelan, member, Ministry of Civil Aviation (AAC), Government of India; Geetha Priya G, Senior Director & Sector Head – Infrastructure & Airports, JLL India; Vikram Falodiya, Head – Terminal Operations, Navi Mumbai International Airport; Nitin Sharma, DVP – Business Development, dormakaba, and Taher Patrawala, Managing Director, Media Fusion LLC.
Discussions centred on India's remarkable aviation trajectory—now the world's third-largest domestic market, contributing 1.5 percent to national GDP and supporting 7.7 million jobs. Over the last decade, more than 85 airports have been developed, with a roadmap to scale that number to 350 by 2047 under the government's Viksit Bharat vision.
The roundtable highlighted both the opportunities and the urgency to reshape infrastructure in line with this growth.
Speakers outlined key priorities, including the need to bridge infrastructure gaps, reduce import dependencies and enhance regional connectivity through the UDAN scheme. Strengthening digital ecosystems to manage rising cybersecurity risks was also identified as a crucial area of focus.
With over 12 billion US dollars already invested in air transport infrastructure, India is setting its sights on capturing a USD four billion share of the global Maintenance, Repair, and Overhaul (MRO) market by 2031, with the aim of establishing itself as a self-reliant aviation hub.
The conversation also showcased a suite of transformative technologies shaping airport experiences: biometric-based Digi Yatra, AI-powered digital twins, integrated multi-modal transport systems, and Net Zero, LEED-certified terminals were all cited as pivotal in creating globally benchmarked, passenger-centric infrastructure.
UNI AAA SS
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
16 minutes ago
- The Hindu
Zero tolerance for students who violate U.S. laws, says Consul General Laura Williams
To be an international student is a privilege and that comes with responsibilities. Qualifying for a U.S. student visa includes demonstrating an intent to comply with U.S. laws, newly-arrived Consul General Laura Williams stressed on Monday. Inaugurating the 2025-EducationUSA universities fair here, she expressed happiness at the student turnout, their interest in varied disciplines and to study in the U.S. 'The institutions in this room here today offer world-class programs across every field — from STEM and business to humanities and the arts. Studying in the U.S. is a major commitment, an investment of time, money and effort,' she said. 'Qualifying for a U.S. student visa includes demonstrating an intent to comply with U.S. laws. The United States has zero tolerance for people, including students, who violate the law,' Ms. Williams added. The EducationUSA fair series began on August 9, covering Chennai and Bengaluru. Concluding on August 17, the fairs are scheduled to take place in New Delhi, Kolkata, Ahmedabad, Mumbai and Pune. The fair on Monday drew diverse groups of students with interests in undergraduate, graduate and doctoral programmes in the U.S. The fair had at least 30 accredited U.S. universities and colleges offering various programmes and schemes. Ms. Williams noted that EducationUSA provides accurate, comprehensive and unbiased information to help students choose the right university and navigate the application process with confidence. All services by EducationUSA advisers and U.S. Consulate officials are offered free of cost.
Economic Times
an hour ago
- Economic Times
New Income Tax Bill gets Lok Sabha nod
The Lok Sabha on Monday gave its nod to the new income tax bill, which does away with alternate minimum tax on limited liability partnership (LLP) firms and allows refund claims even if taxpayers do not file returns within the due date. ADVERTISEMENT The Income Tax (NO.2) Bill, which will replace the Income Tax Act, 1961 from the next financial year, was introduced by Union finance minister Nirmala Sitharaman and passed in the Lok Sabha amid din without a debate. It will now go to Rajya Sabha for its approval. The bill cuts down wordage and chapters by almost half and presents the clauses in simpler and easier to understand language. It does away with the confusing concepts of assessment year and previous year, replacing them with "tax year". The original Income Tax Bill, 2025, which was introduced in February, was withdrawn by the minister on Friday and the new bill incorporating "almost all recommendations" of the select committee, headed by parliamentarian Baijayant Panda, which had scrutinised the original bill, was bill has maintained status quo on loss carry forward provisions, exempted non-profit organisations from taxing anonymous donations received by purely religious trusts and tweaked the definition of MSMEs (micro, small and medium enterprises) in alignment with the MSME Act, which were part of the recommendations of the panel. ADVERTISEMENT It has also reintroduced deductions in respect of certain inter-corporate dividends for companies opting for concessional rate of taxes in line with the provisions of the existing Income-tax Act, 1961 and nil tax collected at source on Liberalised Remittance Scheme remittances for education purposes financed by any financial bill has added the term 'profession' alongside 'business' under electronic payment rules, which means professionals with income of more than ₹50 crore annually must use prescribed electronic modes of payment. ADVERTISEMENT The bill has also clearly defined deductions for commuted pension and gratuity received by family said some of the pain points have been removed. ADVERTISEMENT "The revised Income-tax Bill, 2025 demonstrates the government's receptiveness to parliamentary recommendations, incorporating targeted amendments to enhance clarity, ease of compliance and consistency with existing legislation," said Sandeep Jhunjhunwala, partner, Nangia Andersen LLP. "To give a few examples, the provisions of levying alternate minimum tax on LLPs has been done away with, the rigours placed on charitable trust have been removed, the provisions of transfer pricing and the definition of 'associated enterprise' to whom these provisions apply, have been relaxed," said Dinesh Kanabar, CEO, Dhruva Advisors. (You can now subscribe to our Economic Times WhatsApp channel)
Time of India
2 hours ago
- Time of India
New Income Tax Bill gets Lok Sabha nod
The Lok Sabha approved the new income tax bill, eliminating alternate minimum tax on LLPs and allowing refund claims even without timely return filings. Replacing the 1961 Act, the bill simplifies language, redefines terms like 'tax year,' and incorporates select committee recommendations. It maintains loss carry forward provisions, tweaks MSME definitions, and reintroduces deductions for inter-corporate dividends. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The Lok Sabha on Monday gave its nod to the new income tax bill , which does away with alternate minimum tax on limited liability partnership (LLP) firms and allows refund claims even if taxpayers do not file returns within the due Income Tax (NO.2) Bill, which will replace the Income Tax Act , 1961 from the next financial year, was introduced by Union finance minister Nirmala Sitharaman and passed in the Lok Sabha amid din without a debate. It will now go to Rajya Sabha for its approval. The bill cuts down wordage and chapters by almost half and presents the clauses in simpler and easier to understand does away with the confusing concepts of assessment year and previous year, replacing them with "tax year".The original Income Tax Bill, 2025, which was introduced in February, was withdrawn by the minister on Friday and the new bill incorporating "almost all recommendations" of the select committee, headed by parliamentarian Baijayant Panda, which had scrutinised the original bill, was bill has maintained status quo on loss carry forward provisions, exempted non-profit organisations from taxing anonymous donations received by purely religious trusts and tweaked the definition of MSMEs (micro, small and medium enterprises) in alignment with the MSME Act, which were part of the recommendations of the has also reintroduced deductions in respect of certain inter-corporate dividends for companies opting for concessional rate of taxes in line with the provisions of the existing Income-tax Act, 1961 and nil tax collected at source on Liberalised Remittance Scheme remittances for education purposes financed by any financial bill has added the term 'profession' alongside 'business' under electronic payment rules, which means professionals with income of more than ₹50 crore annually must use prescribed electronic modes of bill has also clearly defined deductions for commuted pension and gratuity received by family said some of the pain points have been removed."The revised Income-tax Bill, 2025 demonstrates the government's receptiveness to parliamentary recommendations, incorporating targeted amendments to enhance clarity, ease of compliance and consistency with existing legislation," said Sandeep Jhunjhunwala, partner, Nangia Andersen LLP."To give a few examples, the provisions of levying alternate minimum tax on LLPs has been done away with, the rigours placed on charitable trust have been removed, the provisions of transfer pricing and the definition of 'associated enterprise' to whom these provisions apply, have been relaxed," said Dinesh Kanabar, CEO, Dhruva Advisors.
