Major Investments Planned in India’s Airport Infrastructure
Earlier this year, ACI openly praised the announcement that India had plans for attracting investment from the private sector. Recently, during private discussions at the end of October, an additional 1000 routes and 100 airports have been proposed by the end of 2024.
Although this plan sounds ambitious, the discussions also included a review of the airport infrastructure investment requirements for the next five years across many of the smaller airports that have remained rarely used since WWII.
As expectations for India’s aviation industry to be one of the world’s fastest-growing, according to the ACI World Airport Traffic Forecasts (2018-2040), airport infrastructure investment could not be encouraged at a better time. 6.8% growth rate is expected, which translates into more than 50 million passengers per year.
Some of the key achievements and core goals
- Just 113 of 450 runways are currently functional across the country
- In the last year, 38 airports have reopened due to investment
- 63 new airline contracts awarded in 2019 for flights to airports with limited or no current connections.
- Number of locally trained pilots to rise to 600 per year
- Goal to increase domestic aircraft fleet to 1,200 (double the current figure)
- Prepare active drone corridors by 2021
- Reach drone delivery service capability for remote areas by 2023
Improving small airport infrastructure through investment
Small airports all over the world are expecting similar increases in passenger traffic to those anticipated across India. Many rural towns and villages in India continue to run the small airports and airstrips of WWII receiving little or no investment. This has led to the gradual decline of these routes as airlines have found conditions and communications typically difficult.
The recent airport infrastructure and development investments from both the public and the private sector is already showing, and the emergence of a growing middle class is contributing to an increasing interest by larger airlines. With additional government promises of support in the shape of lower fuel taxation, the future is looking brighter for the small airports of the region.
Although traditional IT spending has been historically expensive, small and medium-sized airports can realize the benefits of the latest technological airport infrastructure technology with solutions from A-ICE.
Talk to A-ICE to reduce your airport investment
A-ICE is different from other airport infrastructure solutions providers. With no minimum contract liabilities, you can adopt the solutions you need, when you need them and build them into your current operational platforms through integration.
Our solutions are compatible with all your systems and we can help you whether you’re looking for a specific product to tick a single operational box or a turnkey solution to help you manage every aspect of your airport's operations and infrastructure.
- Streamline baggage handling and reconciliation
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- No minimum contracts
Talk to us today about reducing your reliance on resources, hardware and expensive contracts. Let us help you make the most of your airport infrastructure without breaking the bottom-line budget. Visit our Products page to find out more.