The Times of India

India's airport sector to attract Rs 4.2 lakh crore investment by 2029, Mumbai set to emerge as key aviation hub

The airport sector in India is gearing up for an investment boom, expecting to reach Rs 4.2 lakh crore by 2029, driven by a surge in domestic air travel and new airport constructions. A key feature of this expansion is the upcoming Navi Mumbai International Airport, which aims to markedly enhance passenger capacity. While domestic traffic is forecasted to grow steadily, international travel encounters immediate challenges.