The Union Cabinet on Wednesday ratified the NDA government's move to hand over management of the Ahmedabad and Jaipur airports to Singapore's Changi Airport.
The Memorandum of Understanding (MoU) was signed in November 2015 between the Airports Authority of India (AAI) and Singapore Cooperation Enterprise during Prime Minister Narendra Modi's visit to Singapore.
The arrangement includes planning and design, traffic development, cargo handling, repair and overhaul facility, said a statement issued by the Central government on Wednesday.
The arrangement would be further extended to other airports in India in due course of time, the statement added.
These could be the Chennai and Kolkata airports.
Indian air traffic is generally concentrated in six major airports — Mumbai, Chennai, Delhi, Bengaluru, Kolkata and Hyderabad — which handle 60% of the total air traffic in India.
India handled about 1.18 crore passengers during the July-September 2015 period, of which 60.64 lakh flew out of the country.
Between January and October 2015, domestic carriers flew 6.6 crore passengers, up almost 20% from the corresponding period in 2014.
