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ARTICLE · 12 MAY 2008

Airport Projects In India: The Privatisation Process

Kachwaha & Partners
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India is at the threshold of emerging as an economic power. However, it is recognised that infrastructure holds the key to this transformation.

IndiaTransport
Sumeet Kachwaha
Sumeet Kachwaha
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First published in Construction Law International Vol.3 Issue 1 March 2008

India is at the threshold of emerging as an economic power. However, it is recognised that infrastructure holds the key to this transformation. The infrastructure gap in India is obvious to all. Of late the Government has dedicated itself to address this on a war footing. The task is huge. It involves not only harnessing financial resources but also technology and know-how. Around the world more and more airports are moving towards privatization. This is the trend in Asia, Europe and Latin America. In India too private participation is felt necessary and therefore the Government has opened up this sector to the Public Private Participation (PPP) route.

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