Rajiv Gandhi Airport to See Skyrocketing Growth Amid Cargo Boom
The GMR Group is planning to increase passenger traffic at Rajiv Gandhi International Airport to 50 million annually by 2031, while expanding its cargo terminal. The airport expects a surge in international cargo due to the Red Sea conflict affecting global trade. GHIAL's aviation school also sees significant success.
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The GMR Group anticipates significant growth at the Rajiv Gandhi International Airport, with passenger traffic projected to soar to 50 million annually by 2031, up from 29 million in 2025. This growth is part of wider efforts to expand airport capabilities including a Rs 370 crore investment in cargo terminal expansions.
According to Pradeep Panicker, CEO of GHIAL, the airport's infrastructural expansion plans include enhancing the cargo capacity to nearly 4.0 lakh tons annually. The international cargo surge is partly credited to the Red Sea conflict, which has disrupted global shipping routes.
GHIAL's financial standing remains strong with expectations of over 10 percent growth in revenue, propelled by increased passenger and cargo traffic. Concurrently, the GMR School of Aviation continues to perform well, absorbing a significant percentage of its graduates into the group.
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