**Adani Group to Invest ₹1 Lakh Crore in Airports Over Next 5 Years**
**Meta Description:** Adani Group announces a ₹1 lakh crore investment in its airport business, anticipating significant growth in India’s aviation sector.
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**Adani Group to Invest ₹1 Lakh Crore in Airports Over Next 5 Years**
Mumbai, Dec 19 – The Adani Group has unveiled plans to invest ₹1 lakh crore in its airport operations over the next five years, driven by the anticipated robust growth of India’s aviation sector, which is projected to expand at an annual rate of 15-16%. Jeet Adani, Director of Adani Airports and the younger son of billionaire Gautam Adani, shared this information with PTI ahead of the commercial launch of Navi Mumbai International Airport on December 25.
Navi Mumbai International Airport, developed by Navi Mumbai International Airport Ltd (NMIAL), in which the Adani Group holds a 74% stake, will be the latest addition to the group’s growing airport portfolio. The airport, constructed at an initial investment of ₹19,650 crore, is designed to accommodate 20 million passengers annually in its first phase, with plans to eventually increase capacity to 90 million. This expansion aims to alleviate congestion at Mumbai’s existing airport and support long-term growth in regional air traffic.
The Adani Group previously acquired the Mumbai airport from GVK Group. In addition to the two airports in Mumbai, the group operates six other airports across Ahmedabad, Lucknow, Guwahati, Thiruvananthapuram, Jaipur, and Mangaluru. This diverse portfolio includes both metropolitan and regional airports, with the group poised to aggressively bid in the upcoming round of airport privatizations.
Jeet Adani expressed confidence in the aviation industry, stating, “As a staunch believer in this sector, we will be very aggressive in the next round of bidding for all 11 airports.” Regarding investments in Maintenance, Repair, and Overhaul (MRO) and Flight Simulation Training Centre (FSTC) sectors, he noted that a long-term strategy is still being finalized.
Adani emphasized the potential for sustained growth in India’s aviation sector, suggesting that it could maintain a mid-teens growth rate for the next decade or more. He pointed out that India’s per-capita air travel remains low compared to China, indicating significant room for expansion. “Even if we reach China’s levels, the entire sector will need to grow substantially,” he added.
Highlighting the capacity constraints at Mumbai’s Chhatrapati Shivaji Maharaj International Airport, Adani reiterated the importance of expanding airport infrastructure to meet future demand.
**FAQ**
**What is the Adani Group’s investment plan for airports?**
The Adani Group plans to invest ₹1 lakh crore in its airport business over the next five years, anticipating significant growth in India’s aviation sector.
