Fly Bharathi Aviation Signs Rs 7.5 Bn MoU for Ujjain Airport Development
10 Mar 2025
2 Min Read
CW Team
Fly Bharathi Aviation and Aeronautics Private Limited, a pioneering force in India's aviation sector, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to invest Rs 7.5 billion in the development of an airport in Ujjain, or at another strategic location in the state. This landmark agreement, announced at the Global Investment Summit, is set to revolutionise air connectivity, particularly benefiting the millions of pilgrims and travellers who visit Ujjain annually.
Led by Managing Director Girish Pillai, Fly Bharathi Aviation’s investment aims to address a long-standing infrastructural gap in Ujjain, one of India's most revered religious destinations. In the financial year 2023-24 alone, the city welcomed 5.28 crore tourists, a number expected to rise significantly, especially with the development of Mahakal Lok, which has further boosted religious tourism. The lack of an operational airport has been a critical challenge for Ujjain’s expansion as a major pilgrimage and tourism hub. With this proposed airport, the region is poised for economic upliftment, enhanced accessibility, and a significant increase in both domestic and international tourist inflows.
The proposed airport will not only cater to religious tourism but also serve as a catalyst for economic growth in Madhya Pradesh. Improved air connectivity is expected to attract business investments, create employment opportunities, and stimulate regional development. The MoU marks a major milestone in the state's commitment to strengthening its aviation infrastructure, ensuring seamless connectivity for devotees, business travellers, and tourists alike.
About Fly Bharathi Aviation and Aeronautics Private Limited
Fly Bharathi Aviation and Aeronautics Private Limited is a visionary aviation company dedicated to contributing to India's aviation ecosystem through infrastructure development, regional connectivity, and innovation. With a strategic focus on bridging gaps in air travel accessibility, the company aims to foster economic and social progress, playing a pivotal role in the nation's aviation growth.
This investment underscores Fly Bharathi Aviation’s commitment to redefining India’s aviation landscape, supporting Madhya Pradesh’s vision of a more connected and economically vibrant future.
Fly Bharathi Aviation and Aeronautics Private Limited, a pioneering force in India's aviation sector, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to invest Rs 7.5 billion in the development of an airport in Ujjain, or at another strategic location in the state. This landmark agreement, announced at the Global Investment Summit, is set to revolutionise air connectivity, particularly benefiting the millions of pilgrims and travellers who visit Ujjain annually.
Led by Managing Director Girish Pillai, Fly Bharathi Aviation’s investment aims to address a long-standing infrastructural gap in Ujjain, one of India's most revered religious destinations. In the financial year 2023-24 alone, the city welcomed 5.28 crore tourists, a number expected to rise significantly, especially with the development of Mahakal Lok, which has further boosted religious tourism. The lack of an operational airport has been a critical challenge for Ujjain’s expansion as a major pilgrimage and tourism hub. With this proposed airport, the region is poised for economic upliftment, enhanced accessibility, and a significant increase in both domestic and international tourist inflows.
The proposed airport will not only cater to religious tourism but also serve as a catalyst for economic growth in Madhya Pradesh. Improved air connectivity is expected to attract business investments, create employment opportunities, and stimulate regional development. The MoU marks a major milestone in the state's commitment to strengthening its aviation infrastructure, ensuring seamless connectivity for devotees, business travellers, and tourists alike.
About Fly Bharathi Aviation and Aeronautics Private Limited
Fly Bharathi Aviation and Aeronautics Private Limited is a visionary aviation company dedicated to contributing to India's aviation ecosystem through infrastructure development, regional connectivity, and innovation. With a strategic focus on bridging gaps in air travel accessibility, the company aims to foster economic and social progress, playing a pivotal role in the nation's aviation growth.
This investment underscores Fly Bharathi Aviation’s commitment to redefining India’s aviation landscape, supporting Madhya Pradesh’s vision of a more connected and economically vibrant future.
Next Story
Court Seeks Timeline for Delayed Nagpur-Katol Road
The long-delayed Nagpur–Katol four-lane road project has reached a critical juncture, with the judiciary now stepping in to demand clarity on its completion. The court has directed the National Highways Authority of India (NHAI) to present a detailed and definitive plan outlining the remaining stages of the project, along with a firm deadline for its delivery.This move reflects growing public frustration with the stalled development of this vital corridor, which plays a key role in connecting Nagpur to Katol for both passenger and freight movement. The much-needed upgrade to a four-lane road..
Next Story
KK Wind Opens Largest Asian Plant in Bengaluru
Denmark-based KK Wind Solutions, a key supplier to the global wind power sector and part of A.P. Moller Holding, has inaugurated its largest Asian manufacturing facility in Bengaluru. The expansion marks a significant commitment to India’s renewable energy ambitions and the country’s growing role in global clean energy supply chains.The new plant will employ up to 400 people and serve both domestic and international markets. Alongside this facility, KK Wind Solutions has also launched a shared services office in Bengaluru, where 150 staff will support its global operations.Describing the m..
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..