India to make 56 new airports functional in few years

India Civil Aviation Minister Suresh Prabhu, said on Thursday that 56 new airports would be made functional in the country in the next few years.

“Efficient logistics is critical for countries like India to harness trade and facilitate greater and faster integration with both the domestic as well as world economy.

“Keeping this in mind, 56 new airports will become functional in the next few years,’’ Prabhu said while addressing a two-day Global Logistics Summit in New Delhi.

Officials said the Indian logistics industry is estimated at around 215 billion U.S. dollars between 2019 and 2020, growing at over 10 per cent annually.

India has improved its ranking in the logistics performance index of the World Bank from 54 in 2014 to 35 in 2016.