Indian aviation sector to witness investments worth Rs 1.65 lakh cr
AVIATION & AIRPORTS

Indian aviation sector to witness investments worth Rs 1.65 lakh cr

Minister of Civil Aviation Jyotiraditya Scindia said that the aviation sector is expected to witness investments worth Rs 1.65 lakh crore, including from private players, in the coming years.

The government also aims to have 200 airports in the country. The civil aviation sector, being hit by the Covid-19 pandemic, is recovering, and domestic passenger traffic is slowly touching the pre-pandemic levels.

Scindia said that the Ministry has a plan of close to Rs 98,000 crore over the next four years to be deployed in airports.

Of the total amount, Rs 25,000 crore would be from the Airports Authority of India (AAI), and Rs 22,000 crore for airports expansion and construction of new terminal buildings.

He highlighted that in the past eight years, the Ministry has built 67 airports and plans to build nearly 200 airports in India. He mentioned a new policy for smaller aircraft to encourage regional transport aircraft, helicopters and seaplanes.

Further, he intends to connect Tier 2 to 3 cities to metros and has planned over the next three to four years.

Amid the high growth potential in the country’s aviation sector, a new airline Akasa might take to the skies in the coming months, and the now-shuttered Jet Airways would restart operations.

Scindia added that Akasa and Jet Airways might begin operations before the end of this financial year.

According to data, this year, in March, around 1.06 crore domestic passengers travelled via air.

Image Source

Also read: Civil Aviation ministry to develop 21 greenfield airports in India

Minister of Civil Aviation Jyotiraditya Scindia said that the aviation sector is expected to witness investments worth Rs 1.65 lakh crore, including from private players, in the coming years. The government also aims to have 200 airports in the country. The civil aviation sector, being hit by the Covid-19 pandemic, is recovering, and domestic passenger traffic is slowly touching the pre-pandemic levels. Scindia said that the Ministry has a plan of close to Rs 98,000 crore over the next four years to be deployed in airports. Of the total amount, Rs 25,000 crore would be from the Airports Authority of India (AAI), and Rs 22,000 crore for airports expansion and construction of new terminal buildings. He highlighted that in the past eight years, the Ministry has built 67 airports and plans to build nearly 200 airports in India. He mentioned a new policy for smaller aircraft to encourage regional transport aircraft, helicopters and seaplanes. Further, he intends to connect Tier 2 to 3 cities to metros and has planned over the next three to four years. Amid the high growth potential in the country’s aviation sector, a new airline Akasa might take to the skies in the coming months, and the now-shuttered Jet Airways would restart operations. Scindia added that Akasa and Jet Airways might begin operations before the end of this financial year. According to data, this year, in March, around 1.06 crore domestic passengers travelled via air. Image Source Also read: Civil Aviation ministry to develop 21 greenfield airports in India

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?