Aviation
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Asia
Investment
India to spend about $12 billion on airport construction
Boeing 787-8 Dramliner
CC BY-SA 2.0, via wikimedia commons
Rafael Ramos
3/21/2023
India's plans to become an international air traffic hub will be supported by solid investment of around US$12 billion (980 billion rupees).
This money will be used to build new airports. Private investors will contribute around US$9 billion and the Airports Authority of India will contribute US$3 billion.
In addition to increasing its overall capacity, the country must ease the burden on its current infrastructure. The number of airports will be 220 in 2025, a number much higher than the current 148.
"While the government's plans seem extremely ambitious and surprising, airport congestion is a reality today and widely criticized, despite the presence of experienced private airport companies," said Mark Martin, CEO of aviation consultancy Martin Consulting LLC.
In addition, India will have more regulators and open new flight schools, Civil Aviation Minister Jyotiraditya Scindia said. All these movements are related to the strong increase in demand for post-covid travel.
The country's insufficient infrastructure causes congestion on the runways, flight delays, increases in operating costs, among other problems. “It takes an average of 30-45 minutes for an aircraft to depart because we don't have suitable runways and taxiways for peak operations,” added Martin.
Indian airlines are also moving. Recently, Air India announced a record order of 470 new aircraft, split between Boeing and Airbus. Other airlines in the country such as Indigo and Akasa Air are expected to announce their triple-digit orders by the end of the year.
However, if on the one hand the investments generate enthusiasm, on the other hand they raise questions and doubts about the execution of the plans.
John McArthur_Unsplash
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Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.
   
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