Thursday, September 01, 2016

The Airport Infrastructure Investment Market in India is Expected to Reach $20 Billion by 2020

Aviation industry in India has a constant growth among other industries in the world. The Indian government’s open sky policy has abetted a lot of overseas players to enter the aviation market with huge spending.

The emerging business places, increased scope for connectivity, government initiatives, new operating models of airlines, and tourism drives the dynamic growth of the airport infrastructure development in India. The airport infrastructure investment market in India has placed aggressively and it will reach $20 billion by 2020.

The PPP model is helping the market to grow. The investment from private firms have now increased resulting in better service and customer satisfaction, however, the maintenance and repair facilities are difficult to handle, demanding lots of investment. This high operational cost hampers the market. The Indian government is planning for the opening of airports in Tier 2 and Tier 3 cities that will act as an investment opportunity for the vendors.

Some of the players include Airport Authority of India, GMR Infrastructure, GVK Power & Infrastructure and L&T, in addition to these players, airlines such as Air India, GoAir, Jet Airways and Spice Jet have also been covered in the report.
01/09/16 ReportBazzar/OpenPR
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