Kochi, May 19 -- Cochin International Airport Ltd is presenting a model of socialising profit, said Kerala Chief Minister Pinarayi Vijayan at the launch of the Rs 200-crore CIAL 2.0 project, which aims to fully digitise the airport's operations.

In 2023-24, 375 million people in India travelled by air, of which 275 million were domestic passengers. This marks a 21 per cent increase compared to the previous year, placing India third in the world in terms of domestic air passenger numbers.

It is estimated that by 2040, India will see one billion air travellers annually. All airports in the country must prepare themselves to accommodate such large-scale growth.

The Chief Minister emphasised the strategic importance of ensuring the safety ...