According to a senior official, the airports industry is anticipated to get a total investment of 90,000 crore over the next five years, with roughly 68,000 crore coming from private companies.
The civil aviation sector, which was hit hard by the COVID-19 epidemic, which forced the suspension of domestic and international aircraft services, is steadily regaining ground, with daily domestic air traffic approaching the pre-COVID level of 4 lakh passengers.
Airport investments of 90,000 crore would be made during a five-year period beginning in 2020-21, according to Civil Aviation Secretary Rajiv Bansal.