State-run Airports Authority of India (AAI) will set up a state-of-the-art Civil Aviation Research Organization (CARO) at Hyderabad’s Begumpet Airport to find indigenous solutions to meet the challenges posed by the growing air traffic and for enhancing safety, capacity and efficiency of aircraft operations in the country.
AAI has earmarked Rs 1,200 crore for this project that will be spent over 12 years for research and development. CARO is expected to be built in three years. Union aviation minister Suresh Prabhu laid the foundation stone for CARO which will be spread over 27 acres and cater to air navigation services and airport/engineering research.
Source- India Today
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- The Chairman of Airports Authority of India is Guruprasad Mohapatra.