Reuters SG
India's airports are likely to report strong pre-tax profit growth in the fiscal year ended 2025, a top consultancy said on Friday, as demand for air travel stays robust and the country aims to become a major global aviation hub. The airport industry's pre-tax profit will rise to 103.7 billion rupees ($1.24 billion), up about 35% from 76.8 billion rupees a year ago, aviation consultancy CAPA India's Vice President Paramprit Singh Bakshi said at an industry event in New Delhi. Indian airport operators have also benefitted as the government has driven investments to develop new terminals and refurbish existing ones.