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Business trends

India plans to build 100 more airports for 1bn flyers by 2035

Government counts on private sector to foot most of $60bn bill

NEW DELHI -- As India's aviation market expands at the fastest pace in the world, the country plans to increase the number of airports to between 150 and 200 by 2035, from around 100 at present.

The expansion could cost more than $60 billion, with the private sector expected to foot most of the bill. To lure investment, the government hopes to implement policies to ensure that private investors can recover their money and earn solid returns.

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