India has reignited its efforts to privatise 13 airports as part of the government’s strategy to enhance revenue through asset monetisation. According to sources familiar with the development, the Ministry of Civil Aviation has circulated a note for inter-ministerial consultations regarding the privatisation of these key airports.
The government’s objective is to complete the privatisation process by the end of the fiscal year 2025-26, marking a crucial step towards streamlining the operations and improving the efficiency of airport infrastructure. This move is expected to attract private investments, drive operational improvements, and bolster the country’s aviation sector in line with global standards.
The privatisation of airports has been a key part of India’s broader push for infrastructure development and economic growth. By involving private players, the government aims to enhance airport management, upgrade facilities, and implement advanced technologies to improve passenger services and operational efficiency. The decision to restart the privatisation process comes at a time when the aviation sector is recovering from the impacts of the COVID-19 pandemic, with air travel demand showing signs of resurgence.
The 13 airports targeted for privatisation include some of the busiest in India, which are expected to benefit from the infusion of private capital and expertise. This move aligns with the government’s broader asset monetisation agenda, which aims to unlock the value of public assets while ensuring the efficient use of resources.
With this decision, India’s aviation sector is poised for significant transformation. The privatisation of these airports could pave the way for more competitive operations, improved customer experience, and increased infrastructure capacity to handle growing air traffic in the coming years.
If successful, the initiative could serve as a model for further privatisation efforts in the country’s transport and infrastructure sectors, contributing to a more vibrant and efficient economy.
