Ahluwalia Contracts secures 3.93 billion INR AAI contract for Rajasthan greenfield airport

Ahluwalia Contracts (India) has been awarded a 3.93 billion INR construction mandate by the Airports Authority of India (AAI) for a new greenfield airport in Bundi. This eighteen-month project strengthens the firm’s civil infrastructure portfolio and advances regional aviation connectivity in northern India.

Ahluwalia Contracts (India) has secured a domestic construction order valued at 3.93 billion INR for the development of a greenfield airport in the Bundi district of Rajasthan. Awarded by the Airports Authority of India (AAI), a statutory body under the Ministry of Civil Aviation responsible for creating, upgrading, and managing civil aviation infrastructure, the contract focuses on primary building works. Ahluwalia Contracts is an Indian engineering and construction firm specializing in large-scale residential, commercial, and institutional infrastructure projects. Scheduled for completion within 18 months, this development is a strategic component of Rajasthan’s regional connectivity expansion.

For the construction sector, the deal underscores the continued momentum of public-sector infrastructure spending and the viability of greenfield aviation hubs in secondary markets. The project is expected to stimulate local economic activity and improve logistics for the Kota-Bundi industrial belt. From a market perspective, the win reinforces Ahluwalia’s operational footprint in high-value public contracts following a robust Q3 FY26 performance, where the firm reported a 9.2% increase in net profit to 540.6 million INR. This contract also highlights the transparency of the bidding process, as the company confirmed no promoter interests or related-party dynamics are involved.

For investors, the steady order book growth in the aviation segment provides a hedge against volatility in private real estate markets.