India's financial capital unveils revamped airport

By Kay Johnson

Associated Press

Published: Friday, Jan. 10 2014 9:19 a.m. MST

While the project stalled over the disputes, Mumbai lost its longtime status as India's busiest airport to the national capital New Delhi, where another newly constructed terminal had some 34 million passengers last year versus Mumbai's 30 million. The terminal was built under the country's airport privatization program that began in 2006.

Still, the new Mumbai terminal could soon be overwhelmed by India's fast-growing demand for air travel. Its annual capacity of 40 million passengers, up from about 30 million now, is likely to be reached within just five years.

"Mumbai's development will choke without an expansion of airport capacity," said KPMG's Dubey. "The economy cannot move unless you have good roads, ports, highways, railways and airports."

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