Bhogapuram Airport: GMR Group to invest Rs 5,000 crore
Multinational conglomerate company GMR Group is in the process of developing an international airport at Bhogapuram. The firm would be investing Rs 5,000 crore in the aerodrome in the first phase. GM Rao, chairman of GMR Group said the first phase of the airport will be developed to serve 6 million passengers per annum and an ultimate capacity of 40 million passengers (per annum).
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