Delhi : India's Adani Group is set to invest USD 15 billion to significantly expand the capacity of its airports, aiming to handle 200 million passengers annually within the next five years, according to reports.
The expansion plan includes new terminals, additional taxiways, and a runway at the upcoming Navi Mumbai Airport, scheduled to open on December 25.
Beyond Navi Mumbai, the group intends to enhance infrastructure at its airports in Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, and Guwahati to accommodate rising passenger traffic.
Currently, Adani Airports operates eight airports across India, with Navi Mumbai forming a key part of its growing aviation portfolio.
The group is also planning a public listing of its airport unit by 2027, which is part of a broader strategy requiring USD 100 billion in investments across its businesses over the coming years.