AAI and other developers target Rs. 98,000 crore of capital outlay in building airport infrastructure in the next five years

The Airports Authority of India (AAI) and other airport developers periodically upgrade or modernise the airports’ physical infrastructure, based on factors such as demand for air travel to/from the airports, commercial viability, socioeconomic factors, and land availability. In the next five years, AAI and other airport developers plan to invest over Rs. 98,000 crore in the airport sector. This money will be used, among other things, to enhance runways and expand and modify existing terminals.

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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th December 2022 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…


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