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Friday 7 March 2014

CIAL Sets Sight on Biz Diversification to Enhance Earnings

Nedumbasery: The Cochin International Airport Ltd has worked out a mega management programme through which it envisions an income of `3,000 crore over the next ten years. According to the official documentation, ‘Vision and Mission’, CIAL authorities have decided upon three important streams of activity to achieve the ambitious target. These include outstanding service to passengers, diversification of business activities and self-reliance in power generation. CIAL MD V J Kurien has expressed confidence that ‘Vision and Mission’ is an inspiring programme which will ensure better days ahead for the airport. “It would not be just building castles in the air. The company has already proved that it is capable of meeting targets it sets for itself,” Kurien said, adding that the innovative project worth nearly `3,000 crore is to be completed by 2023.
Read news in full 03/03/14 New Indian Express

 

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