Accordingly, the Cabinet approval has been granted to hand over the management of MRIA to Shaurya Aeronautics Pvt. Ltd of India and Airports of Regions Management Company of Russia or an affiliated company thereof for a period of 30 years.

Earlier during a Cabinet meeting held on Jan. 09, 2023, approval was granted to invite EOIs from interested parties for utilizing the facilities of the MRIA.

EOIs have been called, for which 05 institutions have submitted offers for the purpose.