1. GMR to invest ₹19,400 crore in expanding Delhi and Hyderabad airport facilities

GMR to invest ₹19,400 crore in expanding Delhi and Hyderabad airport facilities

Business

  • GMR Airports plans to invest up to ₹19,400 crore over the next 5-7 years.
  • Around ₹13,800 crore will go towards expanding Hyderabad’s Rajiv Gandhi International Airport.
  • Delhi airport is set to receive up to ₹5,600 crore for capacity and infrastructure upgrades.
  • The expansion aims to handle India’s expected surge in air passenger traffic over the coming years.

Source: outlookbusiness.com

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