India to Build 17 New Regional Airports By 2017

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India-airport-mapAug. 13 – Seventeen new airports are to be constructed during India’s current 12th Five-Year Plan period, the Minister of State for Civil Aviation, K. C. Venugopal, has informed the Central Government. The 12th Five-Year Plan period runs until 2017.

Included are four airports in Karnataka, three in Maharashtra, two in Kerala and one each in Arunchal Pradesh, Goa, Jharkhand, Madhya Pradesh, Puducherry, Rajasthan, Uttar Pradesh and West Bengal. All 17 airports are listed out below, and an accompanying map can be found to the right.

  1. Arunachal Pradesh: Itanagar
  2. Goa: Mopa
  3. Jharkhand: Deoghar
  4. Karnataka: Gulbarga
  5. Karnataka: Bijapur
  6. Karnataka: Hassan
  7. Karnataka: Shimoga
  8. Kerala: Kannur
  9. Kerala: Aranmula
  10. Maharashtra: Shirdi
  11. Maharashtra: Sindhudurg
  12. Maharashtra: Navi Mumbai
  13. Madhya Pradesh: Darba
  14. Puducherry: Karaikal
  15. Rajasthan: Kishangarh
  16. Uttar Pradesh: Kushinagar
  17. West Bengal: Andal – Faridpur

“This news should be good tidings for foreign investors in infrastructure projects,” comments Chris Devonshire-Ellis, Managing Partner for Dezan Shira & Associates India. “These projects come under the Indian Public-Private Partnership deal which allows foreign investors access to these projects under some very good financial incentives. Businesses working on infrastructure development involving public works should be getting on planes to Delhi to see how they can participate in the great Indian rebuild.”

Dezan Shira & Associates is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in emerging Asia. Since its establishment in 1992, the firm has grown into one of Asia’s most versatile full-service consultancies with operational offices across China, Hong Kong, India, Singapore and Vietnam as well as liaison offices in Italy and the United States.

For further details or to contact the firm, please email india@dezshira.com, visit www.dezshira.com, or download the company brochure.

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