The Union Civil Aviation Minister of India, Jyotiraditya Scindia, has announced a plan to invest INR 1 lakh crore (approximately USD 13.6 billion) in airports in the coming days. Scindia also revealed a detailed expansion plan for airports and metros, aiming to double India’s total number of airports from 74 to 148, with a further increase to over 200 expected within four years. The investment will be a combination of private and government investment, with airports at Jewar and Navi Mumbai also included in the plans. Scindia stated that airlines in India are also increasing their capacity, with Air India placing orders for over 470 planes. In his press conference, Scindia praised the current government’s efforts to connect and empower deprived and exploited people, leading to India becoming the fastest-growing economy and having a thriving startup ecosystem.
The company mentioned in this article is Air India, which has placed orders for over 470 planes, including narrow-body and wide-body planes.
The person mentioned in this article is Jyotiraditya Scindia, the Union Civil Aviation Minister of India, who announced the INR 1 lakh crore investment plan for airports.
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