Adani Group is set to invest $15 billion over the next five years to expand its airports across India, marking one of the largest airport infrastructure pushes in the country. The move aims to significantly increase passenger-handling capacity, aligning with India’s rapidly growing aviation sector.
The expansion plan covers six key airports located in Navi Mumbai, Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, and Guwahati respectively. Among these, Navi Mumbai International Airport, which is expected to open on December 25, 2025, will receive major upgrades including a new runway and additional terminals, raising its annual capacity by 30 million passengers. Ahmedabad airport is set to increase capacity by 16 million, Jaipur by 14 million, Thiruvananthapuram by 8 million, and Lucknow by 6 million.
These developments will include the construction of new terminals, taxiways, and supporting infrastructure to handle the projected surge in air traffic efficiently. Adani’s plan reflects the group’s focus on modernising airport facilities and preparing for future demand, as India’s total annual air passenger numbers are expected to reach 300 million by 2030.
To fund the expansion, the group intends to raise around 70% of the investment through loans, with the remaining portion coming from its own funds. This funding strategy ensures the group can accelerate construction while managing financial risk effectively.
The investment not only aims to improve passenger experience and operational efficiency but also strengthens Adani’s position as a major player in India’s aviation sector. Experts say the expansion could support a potential initial public offering (IPO) for Adani Airports in the future, while also catering to the country’s fast-growing air travel demand.
With this expansion, Adani expects its airports to collectively handle 200 million passengers annually by 2030, roughly two-thirds of India’s projected air traffic. The move is a strategic step to meet increasing travel demand, modernise airport infrastructure, and enhance India’s global aviation competitiveness.
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