Visakhapatnam, March 3, 2023 - The GMR Group, a leading infrastructure company in India, has announced that it will be investing Rs 5,000 crore in the first phase of developing an international airport in Bhogapuram near Visakhapatnam. GM Rao, Chairman of GMR Group, made this announcement during the inaugural session of the Global Investors Summit 2023 in Visakhapatnam. He expressed confidence that the airport would replicate the success of Hyderabad aerodrome, which would help transform Visakhapatnam into a global investment destination. Mr. Rao further revealed that the airport's construction would be completed within three years, boosting the region's connectivity and economic growth. The Bhogapuram International Airport project is part of the Andhra Pradesh government's efforts to promote the state as a preferred destination for global investments. Once completed, the airport will serve as a gateway to the eastern coast of India and enhance the connectivity between the region and the rest of the world. The GMR Group is a leading
