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Chart: Infrastructure Investment projected for the 12th Plan
12.0
11.5
11.0
Infrastructure investment as % of GDP
Infrastructure investment (US $ trn)
1.02
1.2
1.0
10.5
10.0
10.0
0.8
0.6
9.5
0.4
9.0
8.5
0.2
8.0
2011-12 12-13 13-14 14-15 15-16 16-17 12th Plan
(Source: Secretariat of Infrastructure)
0.0
PPP model for Infrastructure development
One of the critical aspects of consolidating the infrastructure
of our country is to strengthen the Public-Private partnership
model. While we have made significant progress in building
assets using this model, there are several steps that needs
to be done.
• The states’ progress in the execution of PPP projects
has been quite uneven. Some southern and western
states have implemented more projects as compared
to the states in the north and the east.
• The decision making processes can be less cluttered,
thereby enabling new ideas and ventures to be
attempted without undue delay.
• The states will need to develop the capacity to identify
possible PPPs to develop bankable projects and bid
them out and thereafter monitor their costs.
Airports Sector
Aviation has been recognized as one of the fastest growing
sectors in India. With modernization, technological
development and fleet expansion, the Indian Aviation Sector
has experienced significant changes in the recent past. Now,
a large number of people prefer to travel by air due to time
saving and rising disposable income. Consequently, the
overall passenger traffic growth in 2010-11 has been 15%
with International and domestic traffic growth at 10.4% and
17% respectively.
The financial health of Indian carriers is at risk due to
spiraling fuel prices and increased operational cost. Though
the industry has many success stories in the LCC segment,
financial health of airlines, oil price and other taxations,
international operations of Indian LCC’s will be the main
focus areas of Indian aviation in the coming year.
Growth of Air Passenger Traffic
20
Crores
15
10
5
5.92
7.33
9.64
11.68
10.88
14.34
0
2004-05 (A)
2005-06 (A) 2006-07 (A) 2007-08 (A) 2008-09 (A) 2010-11 (A)
Years
No. of Passengers (Crs) (A=Actual)
46 | GMR Infrastructure Limited | 15 th Annual Report 2010-11