Ready for take-off: India will spend a lot of money to boost its aviation goals.

Since air travel is becoming more popular again after the Covid crisis, the central government of India wants to improve its aviation infrastructure. By 2025, New Delhi plans to spend Rs 98,000 crore to modernize old airports and build new airports in greenfields. ICRA data showed that air travel demand has been rising steadily, with domestic passenger traffic in February 2023 up 54% on an annual basis and, more importantly, down 4% from Febru....