India Airports Sector Report 2018: Sector Outlook and Projections 2018-2019 & 2022-2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 2, 2018--The “Airports in India 2018” report has been added to ResearchAndMarkets.com’s offering.
The airports sector continued to maintain its double digit growth trajectory in the year 2017-2018
During the year, passenger traffic grew at almost 16 per cent over 2016-17 while cargo traffic grew at about 14 per cent. In order to cope up with the rising traffic levels, the sector needs to focus on enhancing capacity at airports. The government and AAI have recognised this fact and are doing their bit to augment capacity by planning expansions at existing airports as well as through construction of new Greenfield airports.
In the past year, plans for developing the Navi Mumbai and Mopa airports have finally moved forward. In addition to these, about 16 other greenfield airports have received approval from the ministry. Moreover, in March 2017, the government took a big step forward with its plans for regional connectivity. About 128 routes were awarded under the first round of the Regional Connectivity Scheme. Increased attention is also being paid to introduce new technologies to optimally use the existing space and enhance passenger facilitation at airports.
In terms of investments, going forward, the AAI plans to spend about Rs 175 billion for the development of greenfield airports, new civil enclaves and cargo terminals by 2020. All these plans certainly point towards significant opportunity for various stakeholders in the sector.
Key Topics Covered:
Section I: Sector Overview, Trends and OutlookOverview Inter Airport Comparison: Key Airports Growth Drivers Project Pipeline Regional Connectivity Sector Outlook and Projections (2018-19 to 2022-23) Financing and Investment Scenario Regulation and Tariffs
Section II: Opportunities in Construction and O&MPassenger Infrastructure Cargo Infrastructure Operation and Maintenance (O&M)
Section III: Opportunities in Equipment and Technology MarketEquipment (Communication, Navigation and Surveillance) Technology
Section IV: Profiles of Upcoming and New AirportsFocus on Navi Mumbai and Mopa Other Key Projects
For more information about this report visit https://www.researchandmarkets.com/research/b394sb/india_airports?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005971/en/
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Related Topics:Airports and Air Traffic Control
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: TRANSPORT AIR
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/02/2018 02:16 PM/DISC: 10/02/2018 02:16 PM