Economics

Adani Group to Invest ₹96,000 Crore in Indian Airports Over 5 Years, Confirms Jeet Adani

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The Adani Group has unveiled plans to invest ₹96,000 crore over the next five years to expand and upgrade its airport infrastructure and associated real estate developments across India. Jeet Adani, who leads the group’s airport division, confirmed that the focus will remain strictly domestic, with no intention of entering the international airport market for now.

Currently operating seven airports in India, including Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA), Adani Airports will soon add the Navi Mumbai International Airport (NMIA) to its portfolio. The NMIA is expected to become operational by October 2025.

The planned capital expenditure will be used to build and enhance airport infrastructure, including terminals, runways, and surrounding real estate such as office parks, retail centers, logistics hubs, and urban transit facilities. NMIA is envisioned as a comprehensive aviation and commercial hub that integrates non-aero services and infrastructure.

“There is enough potential within India. We’re staying focused on building world-class infrastructure here,” Jeet Adani said during a media interaction.

According to filings with the Airports Economic Regulatory Authority (AERA), NMIA alone is set to receive an additional ₹35,000 crore investment by FY2030. This is on top of the ₹22,500 crore already spent during its development phase.

The Adani Group, which had previously declared a broader capital investment plan of $100 billion (approximately ₹7.5 lakh crore) over five to six years, is strategically allocating a significant portion of that to its airport business. The airports division is also preparing for an initial public offering (IPO) by 2027 to support future expansion.

In addition to Navi Mumbai, upcoming development will include the construction of new terminals at existing airports in Ahmedabad, Jaipur, Lucknow, and Guwahati. Real estate growth near airports will also be a key priority.

NMIA is expected to handle around 60 flights daily at launch, eventually scaling up to 300 flights per day within six months. It will also feature dedicated general aviation facilities, a seamless passenger app for real-time updates, and integrated city-side connectivity.

The aggressive investment marks a shift toward airport-led domestic growth, reinforcing Adani Group’s commitment to infrastructure development within India.

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