200 low cost airports to be built

The Union Government has plans to build nearly 200 low cost airports as the country plans to become the fastest growing aviation market in the world in the next two decades. The government is keen to expand the sector to the smaller cities in a bid to improve air connectivity, especially to Tier-II and Tier-III cities. Around four to five smaller airports from Andhra Pradesh, including those at Kadapa and Rajahmundry are likely to figure in the list. As of now, no decision has been taken on the model on which these airports will be built on. GMR to bid for six airports GMR has decided to bid for all six airports that the government has planned to privatise. The company will aggressively bid for these upcoming airports and is not planning to tie-up with any player as GMR is confident of bidding alone. However, as per government guidelines on airport privatisation, while one single entity can bid for all the airports, it cannot win in more than two. Contact: GMR Group. Tel: 080-4043 2000. E-mail: info@gmrgroup.in Website: www.gmrgroup.in