Adani Takes Flight: $15 Billion Bet to Power India's Airport Boom

Adani Group plans to invest USD 15 billion over the next five years to expand its airport network and raise total passenger-handling capacity to 200 million annually.

The investment will support major upgrades across six airports—Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, Guwahati—and the development of a new aviation hub at Navi Mumbai. The expansion represents more than a 60% increase over Adani’s current capacity and aligns with forecasts that India’s air passenger traffic will double to 300 million by 2030. The funding will be structured with 70% debt and 30% equity.

The plan includes new terminals, taxiways, and an additional runway, with Navi Mumbai alone expected to accommodate 30 million more passengers. This large-scale expansion supports India’s rapidly growing aviation market and complements the ongoing push toward airport privatisation.

News by Rahul Yelligetti.