The government has opted for public-private partnership (PPP) model to modernize six stations after being failed to privatise Ahmedabad and Jaipur airport.

As per the reports, after not being able to privatise Ahmedabad and Jaipur airport, the government has not opted for public-private partnership (PPP) model to modernize six stations. The government selected the PPP model and soon Lucknow, Jaipur, Ahmedabad, Mangaluru, Trivandrum and Guwahati airport will be redeveloped.

 CRISIL Infrastructure Advisory director, Jagannarayan Padmanabhan told that "We should see good participation from both domestic and international players".

According to FE report, the six airports selected for redevelopment can get over $1 billion investment. CAPA report suggests that India’s aviation sector needs investment of $45 billion by 2030 as d the airports are struggling with serious capacity constraints despite India being the world’s fastest-growing aviation market,

Recently IATA said that the future of India's air transport industry is bright. According to the latest forecasts from IATA, the demand for air travel to, from and within India will grow at an average rate of 6.1% per annum over the next 20 years, expanding to close to 520 million travellers per year by 2037.