Air Transport World

Tata Industrial Group.

After the abrupt announcement by the Tata Industrial Group last July that it was withdrawing from the international airport project at Bangalore, both the state and federal governments have made moves to revive the proposal. The Tata-led consortium that includes Singapore's Changi Airport Authority and U.S.-based Raytheon plans to invest $635.2 million or 74% of the project cost, while the Mysore state government and the Airport Authority of India will hear the rest. …

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