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You are here: Home » National News » Infrastructure» India needs INR 2-3 lakh crore investment for new airports

India needs INR 2-3 lakh crore investment for new airports

21 June 2017 | Mumbai
 

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Union Minister Jayant Sinha said, the country will require an investment of INR 2-3 lakh crore over the next 10-15 years for setting up new airports and adding capacity at the existing ones.

According to Minister of State for Civil Aviation Jayant Sinha, Aviation is going to be one of the major sectors that will drive economy going forward, and some 150-200 airports are needed for 90% of the population to be within 60- 90 minutes away from an aerodrome.

"We have to add more airport capacity as well as airspace capacity. Over the next 10-15 years, our estimation is that somewhere between INR 2-3 lakh will be required to have new airports and in adding capacity," he said at an aviation event organised by IMC chamber of commerce and industry here.

As many as 31 more airports have become operational in the last two years and currently the total number of airports stands at 106 from 75 aerodromes earlier, said Sinha. The minister said that "We need 150 to 200 airports for 90% of the population to be within 60-90 minutes away from an airport.”

Aviation sector is poised for substantial growth, he said, adding, "It is going to be one of the major sectors that will drive the economy."

Sinha said the government will be creating a unified security command to supervise security at Indian airports.

He said that "We want a unified command to be able to keep all of the airports under supervision through a robust set of security protocols. So, unified security architecture is a major policy initiative that we have embarked on with the Ministry of Home Affairs.”

He said that the civil aviation ministry has been working with the CISF on how to move towards a unified command for country's airports.

"Today, security is airport by airport. We have a mix of security personnel, we have CISF at many of our airports, CRPF in some and local police in others.

   
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