RGIA Hyderabad generates Rs 75,000 crore GVA, supports 4.1 lakh Jobs: NCAER
A study by NCAER says Hyderabad’s RGIA generates Rs 75,000 crore in GVA and supports over 4 lakh jobs. By FY2037–38, the airport and Aerocity together are projected to contribute Rs 2.13 lakh crore and nearly 10 lakh jobs.
Hyderabad: RGIA Hyderabad has generated a significant economic footprint, with airport operations alone contributing Rs 30,000 crore in direct output, Rs 9,000 crore in GVA and supporting over 40 thousand jobs; with the impact amplifying Rs 1.5 lakh crore in output, Rs 68,000 crore in GVA and Rs 3.5 lakh jobs when indirect and induced effects are included, a study by the National Council of Applied Economic Research (NCAER) said.
By including the Aerocity, the total economic impact of the RGIA ecosystem (Airport operations Aerocity) rises further to Rs 75,000 crore in GVA and nearly 4.1 lakh jobs, accounting for up to 0.25% of India’s GVA and over 5% of Telangana’s GVA.
NCAER projections for FY2037–38 estimate that RGIA Hyderabad will generate a total economic impact of Rs 2.13 lakh crore in gross value added and support nearly 9.8 lakh jobs, driven by airport operations and the GMR Aerocity.
Airport operations alone are projected to contribute Rs 19,500 crore in direct GVA, scaling to Rs 1.52 lakh crore with multiplier effects, while the Aerocity is expected to add Rs 60,900 crore as an induced impact. Together, they position RGIA as a long-term economic engine for Telangana and India, the study said, according to a press release.
