Union Minister Announces 50 New Airports in India to Enhance Infrastructure and Jobs
Team Finance Saathi
25/Oct/2024

What's covered under the Article:
- The government aims to build 50 new airports over the next five years to expand India’s airport ecosystem.
- Union Minister Kinjarapu Rammohan Naidu highlights the importance of airport infrastructure for job creation and economic growth.
- Air passenger traffic in India is expected to double in the next five years, reaching over 440 million.
On Thursday, the Union Minister for Civil Aviation, Mr. Kinjarapu Rammohan Naidu, made a significant announcement regarding the future of aviation in India. The government plans to establish 50 additional airports within the next five years, a strategic move aimed at expanding the country's airport ecosystem and fostering job creation. This initiative is part of a broader vision to enhance India's civil aviation sector, which has seen remarkable growth over the past decade.
The number of operational airports in India has more than doubled in the last ten years, rising to a total of 157 airports. This increase reflects the government's commitment to improving infrastructure and accommodating the growing demand for air travel. Mr. Naidu also projected that an additional 200 airports are anticipated to be developed over the next 20 years, which will significantly enhance connectivity across the country.
Mr. Naidu made these remarks during the inauguration of the Airbus India and South Asia Headquarters – Training Centre in the national capital, emphasizing the vital role of robust airport infrastructure in stimulating job opportunities and commercial activities. The expansion of airports is not just about increasing the number of facilities but also about enhancing the overall aviation ecosystem that supports economic growth and job creation in various sectors.
Adding to this optimistic outlook, Mr. Vumlunmang Vualnam, Secretary of the Ministry of Civil Aviation, shared insights on the future of air travel in India. He noted that air passenger traffic is expected to double over the next five years, increasing from the 220 million passengers recorded in the 2022-23 fiscal year. This projection underscores the rising demand for air travel in the country, driven by economic growth, increased connectivity, and an expanding middle class.
The government's focus on expanding airport infrastructure is a clear indication of its intent to position India as a leading player in global aviation. By investing in the development of new airports, the government aims to create a sustainable aviation ecosystem that not only meets the needs of passengers but also contributes to the broader economic landscape.
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