Airport Projects In India: The Privatisation Process

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Airport Projects In India: The Privatisation Process

India is at the threshold of emerging as an economic power.

However, it is recognised that infrastructure holds the key to

this transformation. The infrastructure gap in India is obvious

to all. Of late the Government has dedicated itself to address

this on a war footing. The task is huge. It involves not only

harnessing financial resources but also technology and

know-how. Around the world more and more airports are moving

towards privatization. This is the trend in Asia, Europe and

Latin America. In India too private participation is felt

necessary and therefore the Government has opened up this

sector to the Public Private Participation (PPP) route.

At first blush, it may seem that Government's efforts

are too little too late but it may be worthwhile to bear in

min...

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