As the company grew rapidly, GM Rao placed a special emphasis on long-term prosperity by also focusing on institution building. The GMR Group`s vision states: “In the long term, the GMR Group will be an institution that will build entrepreneurial organizations that will make a difference in society through value creation.” A set of seven core values and beliefs have been developed to define the diverse organizational culture of the GMR Group. This has been reinforced by a code of conduct for all employees, which focuses on ethical and professional behavior. The airport infrastructure will be further developed according to passenger demand and market needs. Terminals and runway capacity will be added in a modular manner to form a U-shaped complex with an ultimate nominal capacity of 100 million passengers per year. Greenfield Airports in Devanahalli and Shamshabad: Devanahalli Airport near Bengaluru and Shamshabad Airport near Hyderabad airports are greenfield airport projects promoted by the respective state governments through public-private participation (PPP). These new airports were developed by special vehicles (Bengalore International Airport Limited for Devanahalli Airport and Hyderabad International Airport Limited for Shamshabad Airport) in which the private joint venture partners and AAI as well as the respective state governments are shareholders. AAI owns 13% of the shares of BIAL and HIAL respectively. AAI has entered into a shareholders` agreement and a CNS-ATM agreement with BIAL and HIAL. “Noida International Airport is pleased to sign the support agreement with the Government of Uttar Pradesh. This is an important milestone for the project and a testament to the strong and growing partnership between the NIA and the Uttar Pradesh State Government. Surface access to the airport will be crucial, and we are pleased with the government`s firm commitment in this regard with the early development of the Extension of the Greater Noida Metro to the NIA Airport Terminal, the integration of an airport terminal station for the upcoming Delhi-Varanasi high-speed rail link, as well as the Delhi-Mumbai Highway Connection Highway.

We are committed to building this world-class airport in Uttar Pradesh and look forward to actively investing and participating in the history of aviation growth in India,” said Christoph Schnellmann, Chief Executive Officer of Noida International Airport. The Swiss company Zurich International AG will invest 30,000 crore in the project and will have 40 years to fully develop the airport project. Under the PPP model, the company will design, build, finance, operate and transfer the project to the government after 40 years. It will start with two tracks as part of Phase I by 2023-2024 and will have five runways at full capacity once completed, NIAL officials said. Delhi`s Indira Gandhi International Airport (IGIA) really shows many majestic and breathtaking vignettes not only of human life, but also plays a key role in strengthening the country`s economy. Modern airports must sustainably manage several facets of functions related to operational, environmental, social and technological needs. While new airports are constantly being planned and delivered around the world, there is still a large majority of airports that need to be renovated, expanded and modernized. Airport modernization is one of the main components of the country`s economic growth. Engler is also active internationally in terms of airport privatization projects and airport planning in Asia and Europe. “This is a historic day when the state support agreement was signed. This is the last major obstacle that has been overcome.

Now the YIAPL will have the map approved before starting work on the site. Under the agreement, the government is required to provide infrastructure services such as connectivity via roads, rails, metro and highways, as well as other facilities at the airport,” said Arun Vir Singh, Chief Executive Officer of NIAL and the Yamuna Expressway Industrial Development Authority (YEIDA). He began his career in the Tax Law Department, where he held several positions in the fields of real estate taxation, agricultural taxation and personal taxation between 1998 and 2007. In 2007, he joined the office of the Minister of State for Budget, Public Finance and the Civil Service, and was appointed Financial Inspector in April 2008. From 2008 to 2013, he participated in and led several audit, evaluation and advisory missions within the Audit Department of the Ministry of Finance. He joined Groupe ADP in February 2013 as Director of Financial Operations and Investments, then as Director of Finance and Strategy and since November 2015 as Director of Finance, Control and Strategy. Effective May 26, 2016, Mr. Pascal has been appointed Chief Financial, Strategy and Administration Officer. During his 17 years in the aviation sector at Fraport AG, he worked for the Aviation Ground Services department of Fraport AG, the special projects department and now the Global Investments & Management department and gained extensive experience in project management, airport operations and airport planning. From 2011 to 2018, Srinivas Bommidala was President of the airports consisting of Indira Gandhi International Airport (Delhi), Rajiv Gandhi International Airport (Hyderabad) and Mactan Cebu International Airport of the Republic of the Philippines. .