gmr airports

Delhi Airport's 1986-era Terminal 2 is slated for abandonment by 2033 as the GMR-run DIAL plans to expand the mammoth Terminal 3. A new fifth pier, Pier E, with a capacity of 1.2 crore passengers annually, will absorb T2's domestic traffic. The timing of Pier E's construction and an automated people mover are central to the new master plan.

The Union Cabinet has approved extending the AAI land lease for Nagpur's Dr Babasaheb Ambedkar International Airport, enabling a 30-year PPP concession to GMR Nagpur International Airport Limited. This decision paves the way for the airport's modernization and expansion, aiming to transform Nagpur into a major aviation and cargo hub.

Delhi's IGI Airport, managed by GMR Group, has expanded its capacity to handle 10.5 crore passengers annually, with current traffic at 7.9 crore. The airport is prioritizing an automated people mover and enhancing city-side connectivity. Despite short-term impacts from geopolitical events, GMR remains bullish on India's aviation growth.

Delhi airport's air train project, a Rs 3,000-4,000 crore automated people mover, will be funded by operator DIAL and is expected to be operational in 30 months. This initiative aims to enhance inter-terminal connectivity for transit passengers, with the service being free for flyers and chargeable for non-passengers.

Delhi airport is set to revolutionize passenger transfers by moving most connections between Terminals 1 and 3, and 1 and 2, to the airside from July. This significant shift aims to create a hub-and-spoke model, mirroring global airports and offering seamless connectivity for transit passengers, a major upgrade from current cityside bus transfers.

gmr airports Ltd has been selected to modernize Delhi Airport's cargo terminal, taking over from Turkish company Celebi whose contract was terminated. GAL will upgrade, finance, operate, and manage the terminal under a revenue share model with DIAL until 2036, with an estimated first-year revenue share of Rs 340 crore.

In FY26, India saw nearly 290 people die in air crashes. The financial year also witnessed muted passenger traffic growth and an unprecedented operational meltdown at India’s largest airline. How will the next fiscal pan out even as the West Asia conflict lingers spiking fuel prices?

HDFC Bank faces headwinds with its chairman's exit, impacting investor sentiment amid macro uncertainties. Tata Motors CV is poised for growth in an upcycle, while GMR Airport sees stable domestic traffic despite geopolitical issues. L&T Finance is leveraging AI for significant gains, and Power Grid Corp is upgraded due to increased commissioning pace and new opportunities.