The Indian infrastructure sector has been snowed under unfavourable macroeconomic variables and project level stress over the past couple of years. The slowing economy had an adverse impact on the transportation sector, particularly the projects in the early ramp-up stage.
FlashNews:
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IndiGo Adds 12 New Domestic Routes in October, Strengthens Regional Air Connectivity Across India
IndiGo Deepens Indian Ocean Connectivity with New Routes to Bali and Malé
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Non-metro airports can be viable on PPP if govt pitches in funds: Experts
With city side development, can non-metro airports be made viable? Should non-aero activities be bid out separately? Experts tell us.Arun Chandran, Director Aviation & Project Management Services, Parsons Brinckerhoff India,currently engaged with projects at Delhi International Airport, Celebi, Maldives airport,support function at Hyderabad airport.
First pvt regional airports
Regional Airport-Holdings International (RAHI), a private airport developer, announced that it will invest around Rs 3,000 crore in over 15 aviation infrastructure and services projects across the country over the next five years.