The company is trying to diversify the offerings from the airport lounges by expanding offerings to railway stations, golf courses along with multiple growth drivers like airports, modernization of railway stations. Although, it’s a small percentage of its revenue at the moment, the runway is huge for airport lounges as well as railway lounges.
According to reports, the Airports Authority of India (AAI) has already invested a substantial amount of Rs. 1000 Crore in airports across India during the April-June period. Looking ahead, all airports in India are projected to spend approximately Rs. 20,000 crore in the fiscal year 2023-24, with Rs. 4,155 crore already spent up to this point. - Moneycontrol Report- AAI
A quick Google news search highlights that multiple airport expansion activities are currently underway across India.
These significant investments and expansion plans in the airport sector, along with the modernization of railway stations, present promising opportunities for DreamFolks to capitalize on.
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