Branch2 Intelligence
Modi Launches Rs 29,000-Crore UDAN Scheme To Expand Regional Air Connectivity
Key takeaway
PM Modi launches Rs 29,000 crore UDAN scheme to develop 100 aerodromes and boost regional air connectivity.
- Step 11st-order: Government commits Rs 29,000 crore to develop 100 aerodromes under UDAN scheme.
- Step 22nd-order: Airlines like IndiGo and SpiceJet gain access to new subsidized routes, increasing capacity and passenger traffic.
- Step 33rd-order: Ancillary sectors (airport operations, MRO, aircraft leasing) see demand uplift; surface transport faces modal shift risk.
Source: IN:NDTV Profit
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