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Civil Aviation Minister Praful Patel, Delhi Chief Minister Sheila Dikshit and GMR group Chairman Grandhi Mallikarjuna Rao were also present on the occasion.
A business conference that Grandhi Mallikarjuna Rao, Chairman and controlling shareholder of GMR Infrastructure, attended in 2000 opened his eyes to the common problems that families like his face the world over.
From a total of seven bidders, the consortium of Bangalore-based GMR Group, led by Grandhi Mallikarjuna Rao (or GMR, as he is popularly known), with private partner Malaysia Airports Holdings Berhad (MAHB) was awarded the contract, having promised the best returns to the state government and AAI for their shareholding of 13% each.