India inaugurated a multibillion-dollar airport terminal in New Delhi yesterday — a shiny glass and steel symbol of the country’s aspirations as an emerging global power.
The state-of-the-art hub, which cost nearly US$3 billion and can handle 34 million passengers a year, was showcased at a special ceremony by Indian Prime Minister Manmohan Singh ahead of its opening to the public later this month.
Built in just 37 months to coincide with New Delhi’s hosting of the Commonwealth Games in October, the terminal sprawls over 4km² and boasts 97 automated walkways and 78 airbridges.
“This is a demonstration of what India is truly capable of,” Indian Civil Aviation Minister Praful Patel said at the inauguration ceremony at the Indira Gandhi International Airport, which was also attended by Indian National Congress Party President Sonia Gandhi.
The facility, on which nearly 40,000 workmen toiled at the height of construction, is India’s third world-class airport after Hyderabad and Bangalore, but dwarfs both.
“It’s an advertisement of India’s ability to create world-class infrastructure,” said economist D.H. Pai Panandiker, who heads the independent RPG Goenka Foundation in New Delhi, a private economic think tank.
As Asia’s third-largest economy after China and Japan, India urgently needs to upgrade its dilapidated transport infrastructure, including ports and roads, which is seen as a major hurdle to accelerating economic expansion.
“Overcoming our infrastructure handicaps will remove some of the major handicaps to faster growth,” Panandiker said.
India’s airline passenger traffic rates are among the world’s highest and are expected to double over the next five years.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new