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Airport capex to grow 12% in 3 years
Mint Mumbai
|December 13, 2024
The cumulative capex (capital expenditure) of Indian airports is expected to grow 12% at ₹60,000 crore in the three years through FY27 from ₹53,000 crore during 2022-2024, to add required infrastructure for about 65 million passengers per annum, ratings agency Crisil said on Thursday.
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Crisil said 70% of this capex is expected to be funded through debt. The ratings agency said its projections are based on a study of 11 private airports in the country that account
This story is from the December 13, 2024 edition of Mint Mumbai.
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