New airport regulator flies into view

By Akshay Jaitly,Trilegal
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Last month, this column looked at the moves towards the privatization of, and foreign investment in, Indian airports and the consequent opportunities that exist within the sector. While the business side will see more private investment, there is a continuing need for careful regulation and monitoring.

Akshay Jaitly, Partner, Trilegal
Akshay Jaitly
Partner
Trilegal

The government has realized that it cannot fund the development demands of the sector. However, it will remain engaged with the sector on the regulatory front.

Increasing levels of private participation, particularly with the proposed merchant airports in what is often a monopolistic public utility, means that an effective regulatory mechanism is necessary.

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Akshay Jaitly is a partner with Trilegal. Trilegal is a full service law firm with offices in Delhi, Mumbai, Bangalore and Hyderabad.

New Delhi
The Sapphire
B1/F2 Mohan Cooperative
Industrial Estate
Mathura Road
New Delhi 110 044
Tel: +91 11 4163 9393
Fax: +91 11 4163 9292

 

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Tel: +91 40 6677 2926

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