The airport infrastructure investment in India is placed aggressively and it will reach $20 billion by 2024.
Some of the players in the market are Airport Authority of India, GMR Infrastructure, GVK Power & Infrastructure and L&T, in addition to these players, airlines such as Air India, GoAir, Jet Airways and Spice Jet have also been covered in the report.
Airports offer access to essential infrastructure and services that facilitate air transport. In addition, airports can play a critical role for economic development on local, national and regional levels. The effective and efficient development and functioning of airports is therefore important for the sustainable development of air transport in particular and the economy as whole. The quality of airport infrastructure is a vital component of the overall transportation network, contributes directly to a country’s international competitiveness and the flow of foreign investment.
Aviation industry in India has a persistent pace of growth among the other industries in the world over the past many years. The government’s open sky policy has helped a lot of overseas players entering the aviation market in India with huge spending. Emerging business places, increased scope for connectivity, and government initiatives, new operating models of airlines, and tourism drives the dynamic growth of the Airport infrastructure development in India.
Aviation industry in India has a constant growth among the other industries in the world. The Indian government’s open sky policy has abetted a lot of overseas players to enter the aviation market with huge spending.
The report also defines and segments the Indian Airport Infrastructure spending and identifies drivers and restraints for this market with insights on trends, opportunities, and challenges. Leading players of the industry are Jet Airways, Air India, Indigo, Spice Jet, Go Air, and etc.
The emerging business places, increased scope for connectivity, government initiatives, new operating models of airlines, and tourism drives the dynamic growth of the Airport infrastructure development in India.
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Public Private Partnership (PPP) Model
Domestic, International and Cargo Traffic
Increased Connecting Routes Across Countries
Low Cost Airlines
Maintenance, Repair and Overhaul (MRO) Facilities
Development of New Airports
Employment in the Country
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