India plans 100 new airports costing $60b

New Delhi: India plans to construct 100 airports at an estimated cost of $60 billion (Dh220.3 billion) in the next 10 to 15 years, Civil Aviation Minister Suresh Prabhu has said.

The country’s aviation sector is one of the fastest-growing in the world and has recorded 50 months of double-digit traffic growth.

These airports are to be constructed through public-private partnerships. According to IATA, India is expected to overtake Germany, Japan, Spain and the UK within the next 10 years to become the world’s third largest air passenger market.