Adani Group is set to invest USD 15 billion over the next five years to increase its airport capacity to 200 million passengers annually.
This expansion includes upgrades across six airports: Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, Guwahati, and a new hub at Navi Mumbai. The investment will add over 60 percent to Adani's current capacity, aligning with projections that India's air passenger numbers will double to 300 million by 2030. The funds will be raised through a mix of 70 percent debt and 30 percent equity.
New terminals, taxiways, and a runway are planned, including a significant 30 million additional passengers at Navi Mumbai. The expansion aligns with India’s growing aviation demand and will support the sector's ongoing privatisation efforts.