The Indian government had unveiled plans to operationalise more than 100 new airports by the year 2025. Airports authority of India (AAI) has embarked upon a CAPEX plan of Rs 250 billion in the next four years for development, modernisation and upgradation of AAI airports in the country. However, the outbreak of COVID-19 pandemic has impacted the airports sector the most putting a halt on airport operations as well as the ongoing and planned projects. Bids are being postponed, announced/approved projects are on hold and factors such as shortages of raw materials and labour are delaying the ongoing projects. India Infrastructure Research has released an updated version of the Airports in India report with an aim to conduct a realistic assessment and analyse the impact of Covid-19 on ongoing, under bidding and announced projects, upcoming opportunities, investments and funding sources, supply chain, input costs, etc. The report will also cover the recent developments, new government initiatives and relief measures to fastrack project implementation as well as provide an outlook for the sector for the next 4-5 years.
Airports in India – June 2020
- Product Code: