GMR unveils multi-phase Nagpur Airport expansion with 100-hectare Aerocity retail play
GMR Airports set a Rs 300 crore initial investment to scale Nagpur Airport from 3 million to 30-50 million passengers per annum, anchored by a 100-hectare Aerocity for city-side commercial development. The long-term roadmap boosts airport-retail and non-aeronautical revenue over a 30-year concession.
GMR Airports unveiled a multi-phase expansion roadmap for Nagpur Airport, including a Rs 300 crore initial upgrade and a 100-hectare Aerocity for city-side commercial development, scaling capacity to 30-50 million passengers, boosting airport-retail and non-aeronautical revenue opportunities.
Why this matters
GMR earmarked ₹500-600 cr for Nagpur via Delhi land monetisation, and this multi-phase plan turns that funding into a 100-hectare Aerocity as it doubles down on non-aeronautical retail amid cooling Indian passenger growth.
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