On the global aviation map

The aggressive investments from the technological, pharmaceutical and almost every other industry in Hyderabad, has witnessed the city catering to a larger populace of both, national and international business travellers. The rapid makeover of the city, touted as the new IT hub of the South, has forced the administration to ramp up the infrastructure, especially the airport. Work has commenced on the new Rajiv Gandhi International airport at Shamshabad, 30 kms from the city and the first phase is slated to be operational by March 2008.

The new airport will establish Hyderabad prominently in the global aviation map and thereby contribute to the prosperity and development of the region and the country at large. The new airport is being constructed with adequate infrastructure to handle large aircraft and international traffic and also promises to house world-class facilities. Keeping in view the phenomenal growth of over 40 per cent in air traffic in Hyderabad over the past few years, the first phase of the airport estimated to cost close to Rs 2,383 crores will have facilities to cater to 12 million passengers. Grandhi Mallikarjuna Rao-led GMR Group is working with the Hyderabad International Airport (HIAL) and a joint venture company called GHIAL is executing the project.

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