Economics

India Plans to Open 100 Airports in Five Years

  • Modi has commited $14 billion of investment in airports
  • China has plans to have 450 commercial airports by 2035

An Air India Ltd. aircraft prepares to land at Chhatrapati Shivaji International Airport in Mumbai.

Photographer: Dhiraj Singh/Bloomberg
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India is planning to open 100 additional airports by 2024, as part of a plan to revive economic growth in Asia’s third-largest economy, according to people with knowledge of the matter.

The proposal, which includes starting 1,000 new routes connecting smaller towns and villages, was discussed at a meeting last week to review infrastructure needed by 2025, the people said, asking not to be identified as the discussion is private. Steps to start a plane-lease financing business in the country was also discussed, they said.