Latest news with #MADC
Time of India
08-05-2025
- Business
- Time of India
Mihan-SEZ exports more than double at Rs4,000 cr
Nagpur: Exports from Mihan-SEZ more than doubled during the financial year ending March 2025. This is considered the biggest ever year-on-year growth for the SEZ, which is seen as a catalyst for Vidarbha's economic units in Mihan exported goods and services worth Rs 3,961 crore during the , compared to Rs 1,786 crore in the previous fiscal. Data to this effect was maintained by the development commissioner's office, a part of the ministry of commerce which oversees activities in a SEZ. As part of an SEZ, the units must post net foreign exchange earnings, which can be achieved through said the exports this year were driven by the . Tired of too many ads? go ad free now Lupin Pharma has a plant in SEZ that caters to US and other foreign markets. The aviation sector includes units by Tatas TAAL, which makes floor beams for aircraft, the maintenance, repair, and overhaul depot of Air India Engineering Services Limited (AIESL), and Indamer. Even Dassault Reliance Aviation Limited (DRAL), a joint venture between France's Dassault and Reliance, is a major player in the sector. According to an independent data maintained by the ministry of commerce, aircraft category from Nagpur made exports worth Rs 580 crore during the year. This relates to the exports of components made in said the run-up to the US tariff war is also expected to be a factor, as units scaled up dispatches before the rates were hiked. Another source in Maharashtra Airport Development Company (MADC), developer of the Mihan-SEZ, said the software industry has also been a major contributor to the exports. The SEZ hosts major IT companies like HCL, TCS, Infosys, and Tech said amid rising exports, the MADC still has land to accommodate more players in the SEZ. As much as 150 hectares of land is still vacant and can be allotted to fresh investors. There are also plans to auction land parcels in the domestic tariff area (DTA) for industrial establishments, said a source.
Hindustan Times
26-04-2025
- Business
- Hindustan Times
Approval for two helipads, eight parking bays at Shirdi airport
Maharashtra chief minister Devendra Fadnavis on Thursday approved the construction of two helipads and eight parking bays at Shirdi Airport, along with the airport's expansion and modernisation, as per communication from the chief minister's office (CMO). The decision comes ahead of the upcoming Nashik-Trimbakeshwar Kumbh Mela. The approval was granted during the 91st board meeting of the Maharashtra Airport Development Company (MADC) held at Sahyadri Guest House in Mumbai. Deputy chief minister Eknath Shinde was also present at the meeting. Swati Pandey, vice-chairperson and managing director of MADC, made a detailed presentation on the various projects. The CM also directed officials to submit a plan for the extension of the runway at Amravati Airport, citing the growing industrial network in the region. He further stressed the need to develop a revenue model for the airport. Highlighting that the cargo terminal work at Shirdi Airport is already progressing, Fadnavis said that due to the proximity of Shirdi to Nashik, 'The airport will serve as a convenient entry point for pilgrims arriving by air during the Kumbh Mela.' He further said, 'The expansion will help manage the anticipated surge in air traffic during the religious event. The approved proposal includes eight new parking bays, two helipads, and upgradation of the passenger terminal.' Fadnavis also emphasised the importance of developing Latur Airport in light of the region's rapid overall growth. The improved facility is also expected to benefit nearby districts such as Beed and Dharashiv. He further instructed that work on Karad Airport be expedited and night-landing capabilities be introduced. The CM also suggested extending the runway at Chandrapur Airport to accommodate chartered flights and directed the exploration of two to three alternate sites for a proposed airport at Gadchiroli. The meeting also reviewed ongoing work at airports in Ratnagiri, Akola, Kolhapur, Nanded, and Dhule. Currently, flights are operational on 16 routes across the state under the Regional Connectivity Scheme (UDAN), and eight additional proposals have been submitted to the Centre.
Time of India
25-04-2025
- Business
- Time of India
In view of Kumbh Mela, Maharashtra CM approves major infra upgrade for Shirdi airport
In view of the upcoming Nashik-Trimbakeshwar Kumbh Mela , Maharashtra Chief Minister Devendra Fadnavis on Friday approved the construction of two helipads and eight parking lots at Shirdi airport along with its expansion and modernization. Speaking at the 91st meeting of the board of directors of Maharashtra Airport Development Company (MADC), Fadnavis also asked officials to submit a plan for expansion of Amravati airport's runway, which is required due to the growing industrial network in the area. #Pahalgam Terrorist Attack India pulled the plug on IWT when Pakistanis are fighting over water What makes this India-Pakistan standoff more dangerous than past ones The problem of Pakistan couldn't have come at a worse time for D-St "Since Shirdi Airport is close to Nashik, it will be convenient for pilgrims traveling by air during the Nashik-Trimbakeshwar Kumbh Mela Considering the potential crowd during the event and the capacity limitations at Nashik airport, the expansion proposal for Shirdi Airport has been approved," he said. "This includes modernization of the terminal, construction of eight parking lots, and two helipads. This will benefit air and helicopter services during the Kumbh Mela. The work on the cargo terminal at Shirdi Airport is progressing rapidly," the CM added. GIF89a����!�,D; 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo He also directed officials to develop Latur airport keeping in view the district's growth in various sectors, adding that it would also help nearby Beed and Dharashiv districts. "Work at Karad airport should be expedited and night landing facilities must be developed. At Chandrapur airport, the runway should be extended to allow chartered aircraft to land. Two to three alternatives must be considered for Gadchiroli airport," he said. The meeting reviewed updates on airports at Ratnagiri, Akola, Kolhapur, Nanded, and Dhule. Under the Regional Connectivity Scheme, air services are currently operating on 16 routes within the state. It was informed that eight proposals have been submitted to the Central government under the UDAN (Ude Desh ka Aam Nagrik) scheme.
Yahoo
24-04-2025
- Politics
- Yahoo
Ohio State faculty vote to join Big Ten alliance against Trump
COLUMBUS, Ohio (WCMH) — Ohio State's University Senate Faculty Council voted to join a Big Ten alliance to respond to any 'legal, financial and political' attacks from President Donald Trump's administration. Faculty Council voted 35-11 in a special meeting on Thursday to join the Mutual Academic Defense Compact, a coalition of schools in the Big Ten Academic Alliance. The MADC seeks to encourage action against perceived attacks on academic freedom. Faculty Senate Chair Sara Watson said the group had a thorough conversation, agreeing to sign with a few small changes. 'We then had a very thoughtful discussion about the resolution itself,' Watson said. 'One of the questions that came up was about the scope of the resolution. Here the question was: 'Why ask just Big Ten institutions to work collaboratively, why not make a broader call for collaboration?'' With 46 of the 71 faculty senators in attendance, Watson said the conversation moved toward a broader call to action and the council opted to add some language to the resolution. Under Ohio State's resolution, Faculty Council urges university President Ted Carter to not only establish the MADC, but a larger coalition of any other universities willing to work on the issue. The movement began at Rutgers and invited participation from faculty groups from all 18 universities in the Big Ten Academic Alliance. The MADC aims to be a coalition of resources where a threat to funding or programs at one school can rely on the support of many. OSU now joins Michigan, Michigan State, Nebraska, Indiana, Rutgers and Washington in the alliance. 'The preservation of one institution's integrity is the concern of all, and an infringement against one member university of the Big Ten shall be considered an infringement against all,' the founding resolution reads. Big Ten faculty senates have varying levels of authority. Ohio State's is part of the larger University Senate, which helps the university function but cannot dictate how university legal resources or funds are used without support from administrators or the Board of Trustees. Instead, these resolutions urge action from higher administrators. 'Faculty leaders are now working to schedule a conversation with President Carter and Provost Bellamkonda to discuss constructive steps for moving forward,' Watson said. The Big Ten Academic Alliance has 18 universities, and Ohio State is the seventh to vote to join the MADC. University of Minnesota faculty are also meeting Thursday to determine if they will become the eight signatory. The move comes the same week at least six other Ohio university presidents signed a letter formally condemning Trump's 'overreach' in higher education. Carter was not among the signatories. See previous coverage of this letter in the video player above. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-04-2025
- Politics
- Yahoo
Ohio State faculty to vote on joining Big Ten coalition against Trump's actions
COLUMBUS, Ohio (WCMH) — Faculty senates at at least five Big Ten universities are joining forces to stand against President Donald Trump's ongoing attacks against higher education, and many Ohio State University faculty intend to follow suit. Ohio State faculty will vote this week to determine if they will join the Mutual Academic Defense Compact (MADC), a coalition of schools in the Big Ten Academic Alliance. The movement is led by university faculty responding to 'legal, financial and political' attacks on academic freedoms and individual universities. University Senate is composed of 141 faculty, students, staff and administrators, including English professor Jill Galvan. Galvan said the Senate Faculty Council will meet Thursday to discuss a resolution to join the MADC. Ohio grant canceled by DOGE leaves these LGBTQ+ historical markers in limbo 'Why not pool legal resources and support each other and develop strategy together, instead of each going it alone?' Galvan said. 'Collective action makes us stronger and more capable of protecting our students, our research, and our teaching.' The movement began at Rutgers University, where the faculty senate passed a resolution on March 28 to establish the compact among the 18 universities in the Big Ten. Among them, the schools represent more than 600,000 students and thousands of instructors. Ohio State faculty would join faculty senate bodies at Rutgers, the University of Nebraska at Lincoln, Indiana University at Bloomington, the University of Massachusetts at Amherst and Michigan State. Universities joining the MADC were told they should be willing to make legal counsel, experts and public affairs offices available to any institution facing pressure from the Trump Administration. A fund would also be created to provide financial support. 'The idea is that we're all facing the same threats of defunding from the federal government, and nationwide, our students are having their visas revoked and being threatened with deportation,' Galvan said. The visas of at least 12 Ohio State international students have been revoked, a concern among all Big Ten schools. Ohio State has also been singled out by the Trump administration twice, once because of alleged discrimination for partnering with a nonprofit, the PhD Project, and one for alleged antisemitism. Ohio State denied both and said it does not discriminate. See previous coverage of Trump and OSU in the video player above. Residents try to overrule Whitehall Council tax breaks for controversial development Ohio State's participation would be significant, as it has the highest enrollment among the Big Ten Academic Conference. OSU is also Vice President JD Vance's alma mater, and the Ohio State football team was honored at the White House on April 14 for its national championship victory. Ohio State's Senate Faculty Council has already passed two resolutions condemning perceived attacks on higher education. On March 18, 60 of 71 faculty senators were present to vote on a resolution to condemn Ohio State's closure of two diversity offices after threats of federal funding cuts. The resolution condemning the closures passed 40-11, with nine abstaining. The same day, a resolution in support of academic freedom passed 52-6 with two abstaining. An Ohio State spokesperson said the university does not speak for University Senate and was unable to comment. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
