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India: Building airport infrastructure

India: Building airport infrastructure

Aparna Dutt Sharma, Chief Executive Officer, IBEF

Aug 12, 2013 10:17 AM

The Government of India plans to build 17 new airports in 11 states during the 12th Five Year Plan (2012-17). The expansion plan can be expected to improve air connectivity in states such as Arunachal Pradesh, Jharkhand and Rajasthan. In fact, four new airports are expected to come up in Karnataka while Goa is expected to get a second airport in Mopa and Kerala a fourth in Aranmula.

According to estimates, India requires investments worth US$ 40 billion in 50 greenfield airports by 2025. Passenger traffic in India is expected to grow to 452 million by 2020-21 from 143 million in 2010-11 and scheduled airlines' fleet is expected to expand to 1,030 aircraft from 430 in the same period. Considering the rising air traffic, both domestic and international, the effort to build future-ready infrastructure in the aviation sector can be expected to complement the overall growth in the sector in times to come.



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