Going Global: Airport Infra Offers Huge Business Vistas
Having witnessed a whopping $9 billion investment in the past decade, Indian aviation sector is awaiting a further investment booster worth $30 billion, meant mainly catering to the targeted 350 million flyers per annum by the turn of the decade. Aviation experts are currently busy coping up with the severe capacity constraints confronting big ticket airports across metros and are shaping them up with facilities matching world standards. That apart, AAI has earmarked a staggering sum of Rs.25,000 crore of which Rs.12,000 crore is being invested on building state-of-the-art airports in tier-II and tier-III cities to push regional connectivity and the rest will go for providing ultramodern facilities including cargo handling, multi-level parking, hotels and creating related infrastructure in city side areas across airports in smaller cities on PPP module. Reports Jeet Singh.