The Airports Authority of India (AAI) is planning a capital expenditure (capex) of about Rs 30,000 crore in the next five years to build and revamp airport infrastructure across the country, Civil Aviation Minister Jyotiraditya Scindia said on Monday.
“In the next five years, we have a capex plan of Rs 30,000 crore. Our AAI faces a lot of headwinds… but I am sure that all the tailwinds will support the AAI in the next five years,” Scindia said in his speech during the AAI’s Annual Day celebrations. The AAI owns and runs more than 100 airports in India.