MUMBAI, India,
February 9 /PRNewswire/ -- The growth of air traffic in
India has increased aircraft movement per airport, which in turn, has
necessitated an expansion of the capacity of airports or development of new
airports. Airport development primarily involves the improvement of the land
as well as air areas and the terminal building. This offers great
opportunities for companies involved in such development activities.
New analysis from Frost & Sullivan (http://www.aerospace.frost.com),
Opportunities in the Indian Airports Infrastructure Modernization and
Development Market, finds that the number of air travel passengers are
expected to increase from 102.73 million in 2008 to 290.19 million by 2014,
at a compound annual growth rate of 15 per cent.
If you are interested in a virtual brochure, which provides
manufacturers, end users, and other industry participants with an overview of
the opportunities in Indian airport modernisation and development market,
then send an e-mail to Ravinder Kaur/ Nimisha Iyer, Corporate Communications,
at ravinder.kaur@frost.com/ niyer@frost.com, with your full name, company
name, title, telephone number, company e-mail address, company website, city,
state and country. Upon receipt of the above information, an overview will be
sent to you by e-mail.
India has five major airports (Mumbai, Delhi, Kolkata, Chennai and
Bangalore) and three airport models namely government-owned, private-owned
and public private partnership (PPP). Delhi, Mumbai and Bangalore as well as
most of the airports developed in the recent past were all based are on the
PPP model.
However, with the PPP model, there could be a potential issue of the
government holding all the reins. Industry authorities and the government
could ease this anxiety by drawing up regulations.
"The potential in the Indian airport modernisation market is huge and to
take advantage of this, airports are also developed on the built, operate and
transfer (BOT) model," says Frost & Sullivan Research Analyst John Siddharth.
Apart from actively participating in airport development, the Indian
government has also drawn up airport-wise infrastructure development budget
for metro, non-metro and the green field airports. There are set funds for
communications, navigation and surveillance systems for air traffic
management (CNS/ATM) and the other equipment.
The revenue stream of the Indian airports is broadly divided into two
categories - aeronautical and non-aeronautical. The aeronautical segment
accounts for a huge chunk of the revenue (70 per cent), while
non-aeronautical contributes the rest (30 per cent).
"The aeronautical revenues comprise the returns from cargo-related and
the passenger-related traffic, while the non-aeronautical revenues are mainly
obtained from property-related and retail-related income," notes Siddharth.
Opportunities in the Indian Airports Infrastructure Modernization and
Development Market is part of the Aerospace Growth Partnership Service
programme, which also includes research in the following markets: European
Airport Development Opportunities Assessment, European Oil and Gas
Infrastructure Security, Middle East Oil and Gas Infrastructure Security. All
research services included in subscriptions provide detailed market
opportunities and industry trends that have been evaluated following
extensive interviews with market participants.
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best in class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best practice models to
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please visit http://www.frost.com.
Opportunities in the Indian Airports Infrastructure
Modernization and Development Market
M32B
Contact:
Ravinder Kaur
Corporate Communications - South Asia
P: +91-44-42044760
F: +91-44-24314264
E: ravinder.kaur@frost.com
Tanu Chopra
Corporate Communications - Middle East
P: +91-22-4001-3437
F: +91-22-2832-4713
E: tanuc@frost.com
Nimisha Iyer
Corporate Communications - South Asia & Middle East
P: +91-22-4001-3404
F: +91-22-2832-4713
E: niyer@frost.com
http://www.frost.com
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