New Delhi, Aug. 31 -- Passenger traffic at Indian airports is projected to grow at a CAGR of 7 per cent over 2024-25-2026-27, normalising from the earlier pre-COVID estimates of 9 per cent, according to CareEdge Ratings.

A slight moderation in growth is expected due to the delayed delivery of wide-bodied aircraft, heightened global safety concerns, and lingering geopolitical disruptions, the rating agency said in a report this week.

According to CareEdge Ratings, the outlook for airports in India remains positive, albeit with some near-term moderation.

CareEdge Ratings notes that despite near-term headwinds, the long-term growth outlook remains robust, owing to favourable demographics, conducive regulations, rising non-aero revenues pe...