Subject category:
Economics, Politics and Business Environment
Published by:
IBS Center for Management Research
Length: 21 pages
Data source: Published sources
Topics:
Joint ventures; Consortia; Foreign direct investment (FDI); Essential Services Maintenance Act (ESMA); GVK-ACSA; ABN AMRO (Amarchand Mangaldas); Airplan; Civil aviation; Bharti-Changi; Larsen & Toubro-Hochtief; Pan Parayatan-TAV; AGM-Fraport; DS Constructions-FMG; Sterlite-Macquarie-ADP; Reliance-ASA
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Abstract
India urgently needs an upgrade of its infrastructure, especially airports, in view of its growing economic needs. The case outlines the necessity for modernisation of the Delhi and Mumbai airports, the sequence of events leading to the initiation of the modernisation process, policy changes made, details of the bidding process, the views of various concerned parties on the bidding process, the finer points of the court case, and opposition to the privatisation moves which involved both political and labour issues. It also raises questions about the need for privatisation, the existence of corruption, power struggles in the political arena and the validity of the employees' agitation.
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Abstract
India urgently needs an upgrade of its infrastructure, especially airports, in view of its growing economic needs. The case outlines the necessity for modernisation of the Delhi and Mumbai airports, the sequence of events leading to the initiation of the modernisation process, policy changes made, details of the bidding process, the views of various concerned parties on the bidding process, the finer points of the court case, and opposition to the privatisation moves which involved both political and labour issues. It also raises questions about the need for privatisation, the existence of corruption, power struggles in the political arena and the validity of the employees' agitation.