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India Airport Market
The Indian airport market is booming, driven by a growing economy and middle class.
The market is expected to reach $50 billion by 2025, with passenger traffic doubling to 500 million by 2030.
The government is investing heavily in airport infrastructure, with plans to build 100 new airports by 2025.
This is creating a wealth of opportunities for companies involved in the airport industry.
Aviation plays a vital role in India's economic development and global connectivity. The Indian government recognizes this importance and invests heavily in airports procurement, aiming to modernize and expand the country's aviation infrastructure and capabilities. In 2023, the government allocated an estimated ₹120,000 crore (approximately US$15 billion) to airports procurement, demonstrating its commitment to shaping a modern, efficient, and sustainable aviation sector.
The main airport products and services procured by the Indian government include:
Airport construction and development: This includes the construction of new airports, runways, terminals, and other airport infrastructure.
Airport equipment and technology: This includes the procurement of baggage handling systems, security equipment, air traffic control systems, and other airport technology.
Airport operations and maintenance: This includes the procurement of services such as runway maintenance, ground handling, and janitorial services.
Airport security and safety: This includes the procurement of security equipment, security personnel, and security training.
Airport catering and retail: This includes the procurement of food and beverage services, retail concessions, and other airport amenities.
The top authorities for India airport procurement include:
The Ministry of Civil Aviation (MoCA): The MoCA is responsible for the development and regulation of the civil aviation sector in India.
The Airports Authority of India (AAI): The AAI is a government-owned company that owns and operates 125 airports in India.
The Directorate General of Civil Aviation (DGCA): The DGCA is the regulatory body for the civil aviation sector in India.
The Bureau of Civil Aviation Security (BCAS): The BCAS is responsible for the security of civil aviation in India.
The top winners of India airport procurement contracts in recent years include:
Larsen & Toubro (L&T): L&T is a leading Indian engineering and construction company that has won several contracts for airport construction and development.
GMR Group: GMR Group is a leading Indian infrastructure company that has won several contracts for airport operations and maintenance.
Adani Group: Adani Group is a leading Indian conglomerate that has won several contracts for airport development and operations.
Tata Group: Tata Group is a leading Indian conglomerate that has won several contracts for airport catering and retail.
Mahindra Group: Mahindra Group is a leading Indian conglomerate that has won several contracts for airport security and safety.
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