
Gorakhpur Airport to get new terminal building, Infra News, ET Infra
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The Gorakhpur Airport , which currently operates over two dozen flights to major Indian cities, will soon have a new terminal building that can house many more aircrafts simultaneously, officials said on Wednesday.Once completed, the upgraded facility will be capable of handling around 200 flights daily, a massive leap from the current 26. Passenger handling capacity will rise from 270 to 2,500 per hour after the new terminal is operational, they said.A Memorandum of Understanding (MoU) for the proposed expansion was signed between the Indian Air Force Airports Authority of India (AAI), and the Gorakhpur district administration on Tuesday.The MoU paves the way for the transfer of 42 acres of land from the Air Force for the new terminal."The land, currently under the Military Engineering Services, is adjacent to the existing airport. The present infrastructure on the land will be relocated to make way for the new construction," Airport Director Parashar said.He said connectivity enhancements like a roundabout from Nandanagar, an underpass, and four-lane road access are also on the cards."With dedicated space for 10 aircraft, operations will be smoother and flight turnaround faster at the airport," he added.

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NDTV
34 minutes ago
- NDTV
India Remains A Very Strategic Ally In Asia Pacific: US
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Mint
34 minutes ago
- Mint
White House confirms US-India trade deal very close: ‘You'll hear from President Trump soon'
White House Press Secretary Karoline Leavitt on Monday (US local time) confirmed that the United States and India are close to finalising a trade agreementeal. Her comments came shortly after Trump voiced optimism about finalising the trade pact with India. "The President said that last week (that the US and India are very close to a trade deal), and it remains true. I just spoke to our Secretary of Commerce about it. He was in the Oval Office with the President. They are finalising these agreements, and you'll hear from the President and his trade team very soon when it comes to India," Leavitt said at a press briefing, as reported by ANI. Earlier, while speaking about reciprocal tariffs, President Trump stated that the US is pushing for a "full trade barrier dropping" and greater access to the Indian market, though he admitted uncertainty about achieving that goal."India, I think we are going to reach a deal where we have the right to go and do trade. Right now, it's restricted. You can't walk in there, you can't even think about it. We are looking to get a full trade barrier dropping, which is unthinkable and I am not sure that that is going to happen. But as of this moment, we agree that going to India and trade..." Trump said. During the briefing, Leavitt also praised India's role as a strategic ally to the US in the Indo-Pacific region. She also highlighted the strong personal relationship between Trump and PM Narendra Modi. Leavitt said, as reported by ANI, "India remains a very strategic ally in the Asia Pacific and the President has a very good relationship with Prime Minister Modi, and he will continue to have that." The comments come as External Affairs Minister S. Jaishankar is currently in the United States to attend the QUAD Foreign Ministers' Meeting. On Monday, he inaugurated an exhibition at the United Nations titled "The Human Cost of Terrorism," which aims to draw global attention to state-sponsored terrorism. The QUAD is a diplomatic partnership between Australia, India, Japan, and the United States. It is committed to supporting an open, stable, and prosperous Indo-Pacific that is inclusive and resilient. (With inputs from ANI)


Mint
37 minutes ago
- Mint
Govt spending on AI makes India lucrative for cloud providers
New Delhi: India's $1.2 billion AI Mission is turning into a big opportunity for homegrown cloud service providers, due to an increase in graphic processing unit (GPU) demand and government-backed infrastructure procurement. Local firms like Reliance Jio Platforms,Tata Communications Ltd and Hiranandani Group's Yotta Data Services are witnessing significant growth, buoyed by the Union government's push to build a massive compute backbone for artificial intelligence (AI). This is because these cloud service providers account for the bulk of the 34,333 GPUs procured by New Delhi, which in turn has given access to startups such as Sarvam, and Soket AI Labs. GPUs are the fastest and most efficient way for companies to run calculations, allowing cutting-edge AI firms to analyse enormous amounts of data and train algorithms that power AI applications. Yotta, for instance, is currently supplying nearly 17,000 of 34,333 GPUs to New Delhi. 'The India AI Mission is a key initiative that is helping us ramp up revenue as we look for funding avenues to complete our GPU orders and enable their access through our cloud platforms. Overall, we expect nearly 70% of our revenue to come from the Indian government's procurement of GPUs from us," said Sunil Gupta, chief executive of Yotta. On 30 January, the ministry of electronics and information technology (Meity) announced the first tranche of GPU procurement, enlisting Jio Platforms, Tata Communications and Yotta Data Services, among others, in a total of 10 vendors supplying 18,693 GPUs to the AI Mission. On 30 May, Meity's second tranche of GPU procurement added 15,640 more GPUs to what Ashwini Vaishnaw, Union minister for IT, said is 'a one-of-a-kind central compute repository." Indian providers score Yotta projected its fiscal year 2025 (FY25) revenue to be at $143.3 million,Mint reported on 10 February. Speaking withMint, Gupta said the company expects a major fillip driven by government-backed uptake of AI cloud infrastructure. 'Despite us offering subsidized GPU pricing, India's uptake of GPUs has been limited. In the long run, we expect to see a 5x boost to operating revenue by FY28, and a large part of it will come through government spending in India," he said. Tata Communications, too, is seeing a similar boost to its India operations. Neelakantan Venkataraman, vice-president and global head, edge and cloud business, Tata Communications, said the government-driven push is 'definitely driving heavy demand, and we're adding more GPUs as we speak to support the mission and cash in on it." Even beyond the India AI Mission, there is increasing enterprise AI adoption even in India. 'Many pilots that began 12-18 months ago are moving into production stages, even if their scale hasn't fully taken off yet. As a result, in India, there is a significant latent demand for AI infrastructure to fulfil the demand from enterprise data pipelines and support the creation of foundational models that the government has extensively spoken about," Venkataraman sai Data sourced from the company said that in FY25, Tata Communications earned $2.7 billion in gross revenue—growing at around 10% year-on-year. Revenue from cloud services contributed nearly 8% to the company's annual revenue, but grew at a faster clip—at nearly 13% in FY25. Venkataraman also affirmed that Tata Communications already draws 42% of its overall revenue from India, and is expected to see a faster pace of growth in the coming fiscals—driven by the demand for AI infrastructure, especially from the government. Jio Platforms, which is also supplying 1,000 GPUs to the Union government, had yet to respond toMintuntil press time. Tendering process issues Industry analysts, too, believe that government spending on AI infrastructure marks a big boost for India's nascent AI industry. Sanchit Vir Gogia, chief executive at consultancy firm Greyhound Research, cited internal market research data to state that '68% of digital infrastructure executives in India now cite the India AI Mission as their first opportunity to win long-term, production-grade AI cloud deals with predictable utilization." This, though, is not without risk. Jayanth Kolla, co-founder and partner at fellow consultancy firm Convergence Catalyst, said a big risk to the ramp-up of government spending in AI 'is the red-taped, bureaucratic government procuring process, and the restriction that comes with tenders." 'The major vendors selected as infrastructure suppliers in the India AI Mission have large conglomerates backing them—which makes it easier for them to go through the tendering process. But, the very process of this does not take into account the idea of nifty innovation. While the rise in government spending is definitely great for India in the long run, an overhaul of the process is a necessity for India to reap the full benefits of the global AI rush," Kolla added. In the long run, though, there is strong scope for growth. Chirajeet Sengupta, managing partner at technology research firm Everest Group, said that despite the challenges, a worldwide push for sovereign AI initiatives will be the biggest boost for India's on-cloud AI infrastructure providers. 'The Pentagon signed a deal with OpenAI with a token initial amount of $2 million for a central AI infrastructure. While it is set to scale up to $200 million for now, in the long run, subject to successful execution, this deal can go up to $2 billion. For India and the US, China's leapfrog with DeepSeek has been a big push. Government spending is undoubtedly a big fillip as the future of public services and defence infrastructure, as well as cyber sovereignty, is critically dependent on AI. If the government speeds up, revenue fillip is definitely going to come through in the near term," Sengupta added.