91% of Airport Capex Target Achieved: Economic Survey

03 Feb 2025 CW Team

The Economic Survey reports that over 90% of the planned capital expenditure on airports between FY20 and FY25 has been achieved by private operators and the Airports Authority of India (AAI). Of the total target, AAI’s contribution is approximately Rs 250 billion, with the remaining investment coming from airport developers under the PPP model.

As part of the PM Gati Shakti initiative, the government aims to establish a seamless multimodal connectivity network, integrating aviation with railways, roads, and waterways. Additionally, in the aircraft maintenance, repair, and overhaul (MRO) sector, the government is encouraging original equipment manufacturers to set up facilities in India and has introduced policies to align the industry with global standards.

(The Hindu)

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