USTDA to Work with Airports Authority of India

The U.S. Trade and Development Agency signed a memorandum of understanding with the Airports Authority of India to support a 20-year master plan aimed at expanding the operational capacities of the Kolkata and Lucknow international airports, two of the fastest growing airports in India.

State-owned Airports Authority of India selected the Cincinnati-based company Landrum & Brown to conduct the master planning, and modernize these vital transportation hubs.

Jet Plane

“We are pleased to support this important project that will support India’s rapid aviation growth, while connecting U.S. businesses with new export opportunities,” said Thomas R. Hardy, Virginia-based USTDA’s Acting Director.

As the world’s ninth largest aviation market, India’s civil aviation sector is on a high growth trajectory, poised to be the third largest national market by 2020 and, potentially, the largest by 2030, reports Money Control.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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