India Briefing is a magazine and daily news service about doing business in India. We cover topics relating to the Indian economy, the market in India, foreign direct investment and Indian law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates


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New Europe

India’s PPP: Airports


India has a total of 454 airports (including grass runways), of which 16 have international status. Of these, the Airports Authority of India (AAI) owns and operates 97. The AAI has stated it aims at upgrading all of these as well as adding new locations to better unify the country within the next 12 years. This requires infrastructure investment in terminals, runways and related construction to full operational and passenger capability at over 500 airports. The government has stated several times its intention to attract private investment into this sector, and many domestic and multinational players have been showing interest in the projected growth of India’s aviation sector. Much of this is within airport development and management. Some of these include India’s private airlines, among them Jet, Sahara, Kingfisher, Deccan, and Spicejet, who collectively account for about 60 percent of India’s domestic passenger traffic.

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