Srinivas Bommidala, Group Director, GMR Group, talks about the long-term impacts of privatisation of airports, withdrawal of service tax exemption and the ´Make in India´ campaign as well as the growth potential of the industry.
Tag: Airports
Post
Post
Poised for strong growth
Private players have a pivotal role in the modernisation of airports. Timely determination of policy framework with respect to user development fee for the airports involving PPP will serve as the primary force for drawing private developers.
Post
Altitudinal risk
Braving several take-off woes, the aviation industry seems to have found relatively firm grounding. Privatisation has gripped the industry in a big way. Nevertheless, certain ground realities need to be effectively handled for a safer landing.
Post
Steely growth
India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.
Post
All Aboard
Growing air travel bodes well for the sector. All that is required is for the necessary infrastructure to keep pace, lest it fall far behind. India´s civil aviation industry is on a high-growth trajectory. Currently the ninth largest aviation market in the world, with a market size of around $16 billion
Post
Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
Post
Delay in Chennai, Kolkata airports modernisation
The government has extended for the second straight time the last date for submission of requests from private parties for operation, management and development
Post
Delay in airports´ modernization
The modernization of Chennai, Kolkata and two other airports is set to get delayed with the last date for private parties interested in participating in the bidding process being extended by more than two months.
Post
Private players to spend Rs.1,839 cr on four airports
Successful bidders for developing Chennai, Kolkata and two other domestic airports, through public private partnerships, should spend at least Rs 1,839 crore towards mandatory capital works at these locations
Post
Indian concrete industry on a roll
Increased investments in infrastructure development is the focus of the present Government and this segment has now captured the intense attention from top policy makers of the country