GMR Airports Targets Rs 19.50 Bn Debt Raise at 13% Yield

21 Nov 2023 CW Team

GMR Airports is gearing up for a substantial debt raise of Rs 19.50 billion at a yield exceeding 13 per cent, as per recent reports. This strategic move aims to secure financial resources for the company's upcoming ventures and underscores the prevailing dynamics within the aviation sector.

The decision to raise a significant debt amount indicates GMR Airports' commitment to financing its expansion plans and capitalising on emerging opportunities in the aviation industry. The capital infusion is expected to support various initiatives, including infrastructure development, operational enhancements, and potentially, the acquisition of new assets.

The noteworthy aspect of this debt raise is the relatively high yield of over 13 per cent, signalling the market's confidence in GMR Airports' financial standing and growth prospects. Investors are attracted to the potential returns offered by the company, reflecting a positive outlook on the aviation sector's recovery and GMR Airports' role therein.

This financial manoeuvre aligns with the broader economic landscape, where companies seek to bolster their liquidity positions amid the evolving market conditions. The aviation industry, in particular, has faced challenges in recent times, making strategic financial decisions crucial for sustained growth and resilience.

As GMR Airports embarks on this debt-raising endeavour, the industry will keenly observe its impact on the company's ability to navigate the complexities of the aviation sector. The move not only reflects GMR Airports' proactive approach to financial management but also underscores the significance of adaptive strategies in the current economic climate.

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..