The company has taken flight as a pure airports play, with its future now depending on expansion in overseas locations and a revival in leisure and business travel post-COVID
Isaac George, director- finance, GVK Power and Infrastructure, says the company has readied the Draft Red Herring Prospectus (DRHP) for its airport business, but is waiting for a particular transaction to take place before filing the DRHP.
The company is involved in two airport projects in Indonesia, but the jewels in its crown are definitely in India, where GVK operates the airports in two of the biggest cities in the country: Mumbai and Bangalore.