India to build 100 new airports in ten years

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India to build 100 new airports in ten years

By
5 September 2018

By | 5 September 2018

The government will invest $60 billion in reaction to intense growth in domestic air travel

India is about to undergo a massive construction project. The country’s government has decided to follow the boost in the domestic aviation market and invest around $60 billion to build 100 new airports across the country.

India will build 100 airports in next 10 to 15 years  — Photo_works / Shutterstock India to build 100 new airports in ten years Group Created with Sketch. India will build 100 airports over next 10 to 15 years – Photo_works / Shutterstock

Over past three years, the country’s domestic aviation sector has experienced a double-digit growth and according to the government, the current infrastructure will soon be insufficient.

“We have plans for 100 new airports to be built in India in the next 10 to 15 years with investments of almost close to $60 billion,” India’s civil aviation minister, Suresh Prabhuminister said at a press conference.

“We plan to put it in the public domain for anyone interested in building infrastructure or airports will get an advanced intimation on where it is going to happen… Our strategy is clear. We have to do it in a PPP mode. We need to have private sector participation.”

The ministry aims to construct around 70 new airports in areas without such infrastructure. The rest will be secondary airports that can deal with a sudden growth in demand for air travel that threatens to overwhelm the current supply.

In January only, India's domestic passenger traffic grew by almost 18 per cent — Shutterstock India to build 100 new airports in ten years Group Created with Sketch. India’s domestic passenger traffic grew by almost 18 per cent in January – Shutterstock

There are around 120 airports in India today meaning that if the plan is delivered, in the next 10 to 15 years, the number will almost double.

Such development would mean that India would beat Germany, Japan, Spain and the UK and become the third largest air passenger market in the world, following China and the United States.

The International Air Transport Association’s data suggest that India’s domestic air demand was highest amongst major aviation markets such as Australia, Brazil, China, Japan, Russia, and the United States. In January, for instance, domestic passenger traffic grew by almost 18 per cent.