Changi Airport forms alliance with Tata Group

Singapore’s Changi Airports International said on Wednesday that it has formed a strategic alliance with India’s Tata Group to invest in, develop and manage airports in India.

The companies will establish a joint venture firm that will bid for the Chennai and Kolkata airports which are being privatised by the Indian government, Changi Airports said in a statement.

“Privatisation programmes for both airports are expected to be formally announced some time later this year,” the statement said, adding that the joint venture will also look for investments in other Indian airports.

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