GMR Group developing 500-acre aviation and aerospace ecosystem in Andhra Pradesh

SENSEX 81,911.01

+ 31.61

NIFTY 25,299.35

+ 44.30

CRUDEOIL 8,101.00

 -83.00

GOLD 138,186.00

 -1,530.00

SILVER 181,793.00

 -2,732.00

SENSEX 81,911.01

+ 31.61

NIFTY 25,299.35

+ 44.30

NIFTY 25,299.35

+ 44.30

CRUDEOIL 8,101.00

 -83.00

CRUDEOIL 8,101.00

 -83.00

GOLD 138,186.00

 -1,530.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.

Speaking at the CII Partnership Summit, the group chairman highlighted the state’s investment potential and the growing economic role of airports

By PTI

Updated - November 12, 2026 at 03:52 PM. | New Delhi

FILE PHOTO: GMR Group Chairman G M Rao says the company is developing a 500-acre aviation and aerospace ecosystem in Andhra Pradesh.

GMR Group is developing a 500-acre aviation and aerospace ecosystem in Andhra Pradesh, its Chairman G M Rao said on Thursday.

Addressing the CII Partnership Summit, Rao said GMR Group is developing an aviation city in Andhra Pradesh.

"Besides the airport, we are developing an aviation and aerospace ecosystem in 500 acres in Andhra Pradesh," he said.

Rao noted that in the olden days, economics grew around the port, then around the railway stations, then around the city centers.

"Today, the economy grows around the airport. The airport is a new economic engine," he said, adding that Visakhapatnam will be the 'Bombay of the East'.

He said navigating trade, technology, trust, and thought leadership are four words that describe Andhra Pradesh.

Rao noted that the government led by Andhra Pradesh Chief Minister N Chandrababu Naidu acts with remarkable speed, something investors have witnessed firsthand.

Published on November 12, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!

• Access 10 free stories per month
• Get notified by email for early preview to new features, discounts & offers