First the good news! The economy's doing well, the stock market's touching new peaks and Indians are flying like never before.

The air travel boom in India has thrown up a new set of challenges before the country's aviation sector. The airport infrastructure needs to be ramped up on priority for the growth momentum to be sustained in the long term.

The decision of the Government of India to spend $10 billion towards airport infrastructure development is a critical move. India is one the few nations in the globe which has recorded a year-on-year passenger growth of nearly 23 per cent.

The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.

Indiabulls Housing Finance Ltd (IBHFL) has said that it has raised Rs 1,330 crore by issuing its first masala bonds to overseas investors.

The moot question is whether good intent has been accompanied by careful planning. It was always going to be a difficult job. Roads development, battered and bruised by a heavy load of projects awarded in the recent past, remained stalled for various reasons ranging from land acquisition and bureaucratic red tape to a lack of accountability and transparency in the bidding process.

Union Minister of Road Transport & Highways and Shipping Nitin Gadkari has launched the Green Highways (Plantation, Transplantation, Beautification & Maintenance) Policy, 2015. The aim of the policy is to promote greening of highway corridors with participation of the community, farmers, private sector, NGOs, and government institutions.

Growing air travel bodes well for the sector. All that is required is for the necessary infrastructure to keep pace, lest it fall far behind. India´s civil aviation industry is on a high-growth trajectory. Currently the ninth largest aviation market in the world, with a market size of around $16 billion

A satellite-based navigation system is ready at Bangalore International Airport to ensure there are no delays in landing, long queues of aircraft to land or take off, delays in take-off and extended hovering. Hence passengers from Bangalore airport will get to depart and arrive on time on almost every flight with the functioning of the satellite-based navigation system.