Capex of small pvt airports may rise up to 60 pc on average over next 3 yrs: Crisil

Crisil forecasts a significant 50-60% surge in capital expenditure for small private airports in India over the next three fiscal years, driven by substantial increases in terminal utilization. Conversely, large private airports will experience a capex decline as major expansion projects near completion. Overall private airport capex is expected to slightly decrease by 10-15% to approximately Rs 40,000 crore.