Adani Group to invest around Rs 1 lakh crore in airports
The five-year plan will focus nearly 70% of spending on Mumbai and Navi Mumbai as Adani expands airport-city and hotel projects.
- On Tuesday, Adani Mundra Airport launched scheduled commercial flight services with Star Air, connecting the Kutch region to Mumbai, Goa, Surat, and Hindon. This 9th Adani Group facility aims to become a fully integrated, multi-modal logistics and business hub.
- Adani Airport Holdings Director Jeet Adani confirmed the group's five-year investment plan of 90,000 crore to 1 lakh crore across all airports to expand its participation in India's aviation economy.
- Designed for passenger and cargo operations, the airport features a 1,900-metre runway. Rakshit Shah, executive director of Adani Ports & SEZ, stated the facility creates a "powerful synergy" between the group's port and aviation operations.
- Bidding for 11 new airports, the conglomerate plans to expand its aviation footprint significantly. The company also unveiled a program to develop 22 million sq ft of integrated airport cities across its network.
- Direct air connectivity simplifies travel for local stakeholders, employees, and tourists visiting Mandvi beach. By reducing travel time, the airport creates an express corridor for trade and commerce, transforming regional connectivity to the rest of India.
22 Articles
22 Articles
Adani Airport to invest Rs 20,000 crore in airport city projects across India
By integrating hotels, workplaces, retail, entertainment and convention facilities within a single master-planned environment, the developments aim to create vibrant, walkable destinations that contribute to the economic vitality of the surrounding cities
From Mumbai to Guwahati: Adani to invest $2.1 billion in airport city projects spanning over 655 acres
The expansion will span the cities of Mumbai and its suburb of Navi Mumbai, Ahmedabad, Lucknow, Jaipur, and Guwahati, with around 22 million square feet of mixed-use infrastructure planned in the initial phase, Adani Airport Holdings Ltd. said in a statement Thursday.
Adani Airports Unveils Integrated Airport City Development Spanning More Than 655 Acres Across Five States in India
Get latest articles and stories on India at LatestLY. The development encompasses a land bank of over 655 acres across six airports in five states, including nearly 440 acres in Mumbai and Navi Mumbai alone. Nearly 70 per cent of the planned investment will be concentrated in Mumbai and Navi Mumbai, reflecting the Mumbai Metropolitan Region's (MMR) position as India's leading commercial, financial and aviation gateway. India News | Adani Airport…
Adani Group to invest around Rs 1 lakh crore in airports
The Adani Group is planning to invest around Rs 1 lakh crore across its airport portfolio over the next five years, Adani Airport Holdings Director Jeet Adani stated during the launch of scheduled commercial flight operations at Adani Mundra Airport in Gujarat on Tuesday.
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