Tag: Navi Mumbai
Indian aviation sector will see Rs 1 lakh cr investment in five years
It is reported that the aviation sector in India, currently growing at nearly 28 per cent, will see an investment of close to Rs 1 lakh cr in the next five years for capacity augmentation and development of new greenfield airports, according to Minister of State for Civil Aviation Jayant Sinha. The Aviation ministry is planning to achieve 1 billion passenger trips per annum within the next 15-20 years. “The capacity addition will come with other amenities such as use of digital technology for passenger verification and bringing about a paradigm shift in airport designs,” said the minister. The Airport ... Read more