Airports Authority of India to get listed in stock exchange

Airports - Industry Overview

Airports Authority of India (AAI) which was established by an act of parliament is to get amended to become a corporate body. According to minister of civil aviation, an amendment would be placed before the parliament by March 2010. This move will enable AAI to raise funds to modernize airports around the country. AAI has huge tracks of prime land in cities, once listed the task of funding ongoing modernization projects across 35 non-major airports and Chennai and Kolkatta metro airports)

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