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India is soon going to see a slew of no-frills, low-cost airports. This is because regional airlines are being encouraged to link to small cities and towns – by air. Around 25 greenfield airport projects have been identified by various state governments and these no-frills airports are soon going to be made up for grabs for the private sector players. It has been estimated that the cost of setting up this new-age no-frills airport will be anything between Rs.40 crore to Rs.100 crore. Places identified for building no-frills airports include Shirdi, Jalgaon, Solapur, Akola (Maharashtra); Ajmer, Mount Abu, Kailashar (Rajasthan); Hassan, Shimoga, Gulbarga, Bidar, Mysore (Karnataka); Kannur (Kerala); Madurai, TiruchirapallI (Tamil Nadu); Rupsi (Assam), Behala, Cooch Behar, Malda (West Bengal); Jharsuguda (Orissa); Muzaffurpur (Bihar); Kamalpur (Tripura) & Passighat (Arunachal Pradesh).
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Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).
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