GMR Infrastructure, a prominent player in airport management known for overseeing Delhi International Airport, Hyderabad International Airport, and Manohar International Airport in Goa, is demonstrating a strong commitment to global expansion. The company recently submitted a bid to develop Terminal 2 at Kuwait Airport, showcasing its ambition to enter the Middle Eastern market. Furthermore, GMR has expressed keen interest in the Abha Airport project in Saudi Arabia, solidifying its drive to establish a wider international presence.
GMR’s global foray began in 2014 with the acquisition of Mactan-Cebu International Airport in the Philippines through a joint venture. This was followed by the acquisition of Kualanamu International Airport in Medan, Indonesia, through another joint venture. The company’s current international ventures include a greenfield international airport project in Bhogapuram, Vizianagaram, Andhra Pradesh, set to open in March 2026. GMR is also involved in an airport development project in Crete, Greece, where it won the bid to design, build, operate, and maintain the new facility.
GMR’s international expansion coincides with India’s plans to encourage public-private partnerships in airport development. The last major privatization occurred in 2018, when the Adani Group secured the operation of six airports, becoming the largest airport operator in India.
GMR’s operational airports experienced a 20% increase in passenger traffic in FY24, reaching 120.8 million. Air traffic movements also rose by 12% to 781,500. The company reported a gross income of ₹9,210 crore for the year, marking a 27% increase. These impressive figures highlight GMR’s continued success in the airport sector, both domestically and internationally.