ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

USTDA awards grant for redevelopment of Haryana's Hisar airport

The US Trade and Development Agency on Monday awarded a technical assistance grant to India's Haryana Airports Development Corporation Limited (HADC) to support the comprehensive redevelopment of Maharaja Agrasen International Airport (Hisar Airport) into an integrated aviation hub focused on cargo and logistics.

ANI Dec 16, 2024 18:04 IST googleads

US Trade and Development Agency (Image: X/@USTDA)

New Delhi [India], December 16 (ANI): The US Trade and Development Agency on Monday awarded a technical assistance grant to Haryana Airports Development Corporation (HADC) Limited to support the comprehensive redevelopment of Maharaja Agrasen International Airport (Hisar Airport) into an integrated aviation hub focused on cargo and logistics.
As per a statement from USTDA, the project will increase air cargo throughput at Hisar Airport, located in the National Capital Area, which includes New Delhi.
"USTDA's partnership with HADC is an example of USTDA's longstanding commitment to advancing India's growing civil aviation sector," said Enoh T. Ebong, USTDA's Director.
"Our work will enhance the redevelopment of Hisar Airport, strengthen local supply chains, and create opportunities for U.S. companies to deploy their technology for its implementation."
Since opening in 1967, Hisar Airport has primarily been used for general and business aviation purposes like private aircraft and pilot training.
It is located over three hours by car from the nearest international airport, impeding businesses seeking to take advantage of air cargo services.
This USTDA-funded technical assistance will alleviate these challenges by facilitating the airport's transformation into a cargo hub, supporting two-way trade and investment in local infrastructure while strengthening India's supply chain network.
"The agreement between HADC and USTDA demonstrates the progressive vision and spirit of cooperation between the two nations, Chief Minister of Haryana Nayab Singh Saini was quoted in the statement.
"Our vision is to take advantage of USTDA's international expertise to make Hisar into an integrated cargo complex. This will help India achieve its aviation infrastructure growth targets."
"Since 2007, the United States and India have worked together to foster tremendous growth in the civil aviation sector," said U.S. Ambassador to India Eric Garcetti.
"Today, we celebrate the latest step in building an even better aviation experience for our citizens, businesses, and passengers throughout the world. Together, through partnerships like these, the United States and India are laying the groundwork for the future of civil aviation."
The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority infrastructure projects in emerging economies. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.