Airports may hike capex to Rs 60,000 crore in 3 years

Indian airports are projected to increase capital expenditure to ₹60,000 crore over the next three fiscal years to accommodate a surge in passenger traffic. Revenue is expected to grow by 17% annually, driven by increased passenger flow, higher tariffs, and non-aeronautical revenue streams. Strong credit profiles are anticipated despite debt-funded expansion, supported by a predictable regulatory environment.