GMR plans almost US$2 billion in airport expansion
GMR Airports is preparing to invest close to US$2 billion in expansion at two Indian airports, underlining the scale of infrastructure investment following the country’s rapid growth in air travel.
The move comes against a backdrop of sustained domestic aviation demand and an increasing focus on airports as economic and tourism-development engines.
B2B impact: Airport expansion creates new possibilities for route development, MICE, hotel investment, retail, ground transport and destination marketing.
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