Indian airports to witness infusion of INR 980 billion over five years

Indian airports are about to witness massive expansion and revamp in the coming years with the Airports Authority of India (AAI) and other private Airport Developers targeting a capital outlay of INR 980bn. This investment will be made over a period of the next five years mostly for the expansion and modification of existing terminals, new terminals, and strengthening of runways. Going ahead, currently, six more airports are being elevated or constructed in India bringing the total tally of international airports in the country to 30. Upgradation and modernisation of airports’ infrastructure is a continuous process and is undertaken by