New Delhi, April 10 -- India's airport sector is set for a major boost, with capital expenditure (capex) of more than Rs 1 lakh crore expected over the next four to five years, according to a report by rating agency ICRA.

The report highlighted that the sector will continue to see substantial investments due to capacity bottlenecks at several airports. The projected investments will go into developing greenfield airports and expanding existing ones.

It said "Given the capacity bottleneck faced by a few airports, the sector will continue to witness substantial capex. Investments of more than Rs. 1,00,000 crore are expected over the next 4-5 years, including greenfield airports".

Greenfield projects include upcoming airports in Jewar (No...