IIFCL approves loans worth Rs 8,800 cr to boost civil aviation infra

India Infrastructure Finance Company Limited (IIFCL) on Sunday approved loans worth Rs 8,800 crore for airports and civil aviation infrastructure development in the country, reported PTI, quoting Managing Director PR Jaishankar.

The government has an ambitious target to develop the civil aviation sector in the country, and to realise the dream, huge investment is required, he noted.