With a huge growth in the number of Airlines, India as a country needs to develop and expand its airports to handle an additional 500-600 million passengers by 2030.
The 55 new airports that are estimated to be required by 2030 will need 150,000 to 200,000 acres of land to be allocated for their development. All of this will require USD36-45 billion of investment keeping in mind that the government will provide the land at a subsidized rate.
The Indian airport system is expected to exceed its maximum structural capacity by FY 2022 and this can only be achieved only if all the Airport development and expansion projects are completed on schedule. Hence, the Aviation sector is working on a number of privatization initiatives. The government is also developing a comprehensive 25-year master plan for airports developments in the country to keep pace with air traffic growth. The infrastructure at some of the top airports in the country is crippling while there has been a consistent double-digit growth in domestic air traffic for the past three years
Hence forth we Traicon Events are proud to announce the 2nd Annual Airport Modernization Summit 2018 scheduled on 2nd & 3rd of August. This forum will bring together key government and private aviation sector stake holders under one roof to discuss on the challenges and opportunities in developing and modernizing the Indian Aviation sector.
We request all solution providers and solution seekers to get involved and make this 2nd Annual Airport Modernization Summit India 2018 a grand success
- Speaker Opportunities
- Supporting Association
- Media Partnership
- Delegate Attendee
To get involved in the above slots contact email@example.com