Capex at small private airports to surge 50–60% annually over next 3 years: Crisil

Crisil forecasts a surge in capital expenditure at India’s small private airports, projecting a 50-60% annual increase over the next three years. This growth is fueled by rising terminal utilization and capacity expansion needs. Conversely, larger airports are expected to see a capex decline as major projects conclude, leading to an overall marginal slowdown in private airport investments.