Mumbai ruling underlines need for new privatisation model

Gavin Lipsith

14-Jun-2008

Companies willing to invest in Indian airports may think twice after Mumbai high court’s decision to classify Mumbai International Airport Limited (MIAL) as a state enterprise

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Investors examining the Indian airport market may think twice after Mumbai high court’s surprising decision to classify Mumbai International Airport Limited (MIAL) as a state enterprise. The reclassification subjects the

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(6-Jun-2008) - The Bombay High Court ruling requires the airport operator to issue a new tender for the duty-free stores within eight weeks
(8-Aug-2008) - The Supreme Court of India upheld the judgement to stay the decision to retender the duty-free contracts at Mumbai airport
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