"Tenders for two greenfield airports, namely Goa Mopa airport and the long-awaited Navi Mumbai airport, are expected to proceed in the second half of 2013," according to a study jointly conducted by aviation think tank Centre for Asia Pacific Aviation (CAPA) and airline IT services provider SITA.
"Approximately USD 10 billion was invested in airport modernisation between 2015 and 2012. In early 2013, new airport terminals were completed at Chennai and Kolkata airports, while Mumbai is expected to open terminus two to domestic traffic in late 2013," the agencies said.
The document was released during ongoing Aviation ICT Forum 2013 here. "By the year-end, new terminals will be inaugurated at all six metro airports representing a significant milestone in the airport modernisation programme," the document said. According to the research paper, government wants to encourage development of 50 greenfield low-cost airports.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
