India: Modi inaugurates new international airport in Noida
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India: Modi inaugurates new international airport in Noida
"The Noida International Airport is expected to see 12 million passengers a year in the initial phase and up to 70 million once fully operational."
"About $1.2 billion was invested in the first phase of the airport project that spans across 7,200 acres."
"India announced plans to develop 100 new airports in the next 10 years with aims to increase the number of airports to 350-400 by 2047."
"The government plans to spend $1.07 billion in subsidies for airlines to operate unviable routes."
The Noida International Airport, inaugurated by Prime Minister Narendra Modi, is set to relieve pressure on New Delhi's Indira Gandhi International Airport. Located in Jewar, Uttar Pradesh, the airport will initially accommodate 12 million passengers annually, with a potential capacity of 70 million. The first phase of the project required an investment of approximately $1.2 billion and covers 7,200 acres. Additionally, India plans to develop 100 new airports over the next decade, increasing the total to 350-400 by 2047, alongside $1.07 billion in subsidies for airlines on unviable routes.
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