Cabinet clears 30-year lease for GMR-led Nagpur airport overhaul, unlocking Central India retail catchment

Union Cabinet approved MIHAN India's license of Nagpur airport to GMR's GNIAL till August 2039, with a 14.49% gross revenue share. PPP modernisation will lift capacity to 30 million passengers annually, opening a sizable airport retail, F&B and cargo footprint in Central India.

— FiledWed, 13 May, 2026, 20:52 IST·First seen Wed, 13 May, 2026, 21:10 IST·Source The Hindu BusinessLine

What happened

GMR Airports · Union Cabinet approved lease extension allowing MIHAN India to license Nagpur airport to GMR's GNIAL for 30 years. The PPP modernisation will

Key facts

  • 30 years
  • 14.49% gross revenue share
  • 30 million passengers annually
  • August 6 2039

Why this matters

Engage GNIAL early on master concession terms for retail, duty-free and cargo logistics partnerships before category slots get locked in.