Adani's investment plans for airports amount to Rs. 60,000 crore over the span of a decade.

The Adani Group has announced plans to invest approximately Rs. 60,000 crore in expanding its current portfolio of seven airports over the next 5 to 10 years. Karan Adani, Managing Director of Adani Ports and Special Economic Zone Ltd, revealed that around half of this investment will be allocated to enhancing terminal and runway capacity within a five-year period, while the remainder will be devoted to city-side development over a decade. These investments are separate from the Rs. 18,000 crore earmarked for the Navi Mumbai airport project.

Funding for these ventures will primarily come from the internal accruals of the parent company, Adani Enterprises Ltd. Adani Airport Holdings Limited, the subsidiary responsible for airport operations, has not yet finalized plans for a public listing.

The Adani Group, apart from Mumbai Airport which was acquired from the GVK group in 2021, secured rights to upgrade and operate the other six airports between 2020 and 2021 for a 50-year term.

During the inauguration of a new terminal at Lucknow airport by Prime Minister Narendra Modi, Adani highlighted the group's vision of smaller cities' airports serving as international hubs. This strategy aligns with the government's aim to establish Indian airports as transfer hubs for international passengers. Adani outlined plans to more than double airport capacity by 2040, with an initial focus on Lucknow, Navi Mumbai, Guwahati, Ahmedabad, and Jaipur airports. The phased expansion aims to increase the overall capacity to about 300 million passengers annually by 2040.

Furthermore, the group intends to develop the city-side areas of airports to boost ancillary revenues. This involves utilizing land adjacent to airports for aviation-related businesses such as hotels and aviation company offices. For instance, Mumbai airport will see development on over 160 acres, Lucknow on 100 acres, Navi Mumbai on 200 acres, Jaipur on 17 acres, and Thiruvananthapuram on 2 acres.