The Maharashtra state cabinet has approved a major financial decision to raise a ₹6,000 crore loan to fund the development of the Purandar Greenfield Airport near Pune. The move marks a significant step forward in the state’s aviation infrastructure push and reinforces Purandar’s position as a key future air connectivity hub. The loan will support land acquisition, runway construction, terminal facilities and other essential infrastructure for what is projected to be one of western India’s largest airports once completed. Why the Purandar Airport Project Matters The Purandar Greenfield Airport is envisioned as a next-generation aviation centre to support rising passenger and cargo demand in and around Pune, one of India’s fastest-growing economic and industrial regions. Current capacity constraints at the existing Pune International Airport have prompted authorities to accelerate plans for a larger, modern facility that can handle future traffic projections. Once operational, the Purandar airport is expected to: Reduce pressure on Pune’s current airport Enhance regional and international connectivity Attract investment and boost economic activity Create jobs in aviation, logistics, tourism and allied sectors The project is also seen as vital for supporting the state’s strategic development goals in the Maharashtra Aviation and Aerospace Policy. Loan Structure and Funding… Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups
