India Looks for $150bn Airport Investment

India's civil aviation industry will attract investments worth $150bn in the next 10 years as it takes steps to develop its airport infrastructure, Civil Aviation Minister Praful Patel has announced.

The overhaul of services includes infrastructure development, upgrading of manpower and establishing communication systems and navigation facilities in airports.

A new civil aviation policy is also underway, focusing on the "developmental aspects," Patel told Indo-Asian news service reporters.

The Minister hopes India will be the fourth country in the world which will have a satellite-based navigation system in the aviation sector.

By staff writer