The ambitious Rs 939-crore project, which is being seen as a "harbinger" of regional development for the northern part of the country, will be operated and maintained by Chandigarh International Airport Ltd (CHIAL), a joint venture between Airports Authority of India (AAI) and the governments of Punjab and Haryana.
AAI has 51 percent stake in the project while Punjab and Haryana have 24.5 percent equity each.
Governor of Punjab and Haryana and Administrator of the Union Territory of Chandigarh, Kaptan Singh Solanki, Union Minister for Civil Aviation, P Ashok Gajapathi Raju, Punjab Chief Minister Parkash Singh Badal and his Haryana counterpart Manohar Lal Khattar were among those present on the occasion.

Meanwhile, around 500 Congress workers were taken into preventive custody by police here apprehending the possibility of a "breach of the peace".
Congress workers said they had planned to show black flags to Modi during his visit in protest against the alleged anti- people polices of the Centre.
"We have taken them (Congress workers) into preventive custody upon apprehension that they may cause a breach of the peace. They will be released once the Prime Minister leaves the city in the afternoon," a senior police officer said.

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