New Delhi: In a significant boost to India’s aviation sector, the government has announced plans to invest over ₹92,000 crore to build and revamp airports across the country. The initiative, revealed by Aviation Minister Ram Mohan Naidu, is part of a broader strategy to enhance infrastructure and meet the growing demand for air travel in India, which is expected to see around 300 million domestic flyers by 2030.
A Strategic Investment in Infrastructure
The planned investment aims to upgrade existing facilities and construct new airports, addressing the pressing need for enhanced infrastructure in the face of rising passenger traffic. With the Indian aviation market set to expand rapidly, the government recognizes that modern and efficient airport facilities are essential to accommodate the anticipated surge in air travel.
Minister Naidu emphasized that this investment will not only improve passenger experiences but also boost local economies by creating jobs and enhancing connectivity. “Our focus is on providing world-class facilities to ensure that air travel becomes more accessible to the common man,” he stated.
Meeting Growing Demand
India’s aviation sector has witnessed remarkable growth in recent years, with an increasing number of travelers opting for air travel. The country aims to cater to an estimated 300 million domestic flyers by the end of the decade, up from the current figures that already reflect a robust recovery post-pandemic.
Industry experts project that the total investment required to support this growth could reach ₹11 billion, with a significant portion allocated to modernizing airports and expanding capacity. The expansion plans include enhancing operational efficiency, increasing the number of runways, and introducing advanced technologies to streamline processes.
Enhancing Regional Connectivity
The government’s investment strategy is also aligned with its commitment to improving regional connectivity. New airports are planned for underserved areas, enabling better access for residents and businesses. This initiative will not only promote tourism but also facilitate trade and investment in these regions, ultimately contributing to balanced economic development.
Sustainability at the Forefront
In addition to expanding infrastructure, there is a strong emphasis on sustainability. The government is exploring green technologies and practices to minimize the environmental impact of airport operations. Initiatives include the adoption of solar energy, waste management systems, and efficient water use, all aimed at making the aviation sector more eco-friendly.
