Home FEATURED NEWS India to Splurge $12 Billion on Airports as Travel Rebounds

India to Splurge $12 Billion on Airports as Travel Rebounds

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India will spend about 980 billion rupees ($12 billion) over the following two years on airports, with airline orders for a whole lot of recent planes to satisfy resurgent journey demand placing strain on current infrastructure. 

The world’s fastest-growing aviation market goals to spice up the variety of airports to 220 by 2025 from the present 148, for which non-public builders will make investments about $9 billion and state-run Airports Authority of India will carry the remainder. It includes greenfield tasks, new terminals and the renovation of current amenities, together with former navy airfields left over from colonial instances.

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