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Q106 (IAS/2005) Economy › Industry, Infrastructure & Investment › Transport infrastructure Answer Verified

Which one of the following airports in India is the first to be owned by public limited company?

Result
Your answer: —  Â·  Correct: B
Explanation

Cochin (Kochi) International Airport is recognised as the first airport in India built under a public–private partnership and owned by a public limited company set up by the Kerala government and other stakeholders in the early 1990s. The ICAO case study explicitly states Kochi was the first greenfield PPP airport and was owned by a public limited company created in 1994 [1]. Public summaries and encyclopedic entries likewise note Cochin International Airport as the first Indian airport developed and operated by a public limited company under the PPP model [2]. Indian civil aviation reviews of PPP airport development also list Cochin among the earliest airports developed through PPP, confirming its pioneering status [3].

Sources

  1. [1] https://www.icao.int/sites/default/files/sustainability/CaseStudies/India.pdf
  2. [2] https://en.wikipedia.org/wiki/Cochin_International_Airport
  3. [3] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 20: Investment Models > Airports and PPP > p. 590
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