Adani Airports Plans Massive ₹96,000 Crore Investment for Expansion.

The Adani Group, a major player in India's aviation sector, plans to inject close to ₹1 lakh crore into its airport business over the next five years. This significant capital expenditure will be directed towards both infrastructure development and real estate ventures across its airport portfolio.

Currently operating seven airports in India, including the bustling Mumbai CSMIA, the group is set to further expand its footprint with the Navi Mumbai airport slated to commence operations this October.

Jeet Adani (27), son of patriarch Gautam Adani and head of the conglomerate's airport vertical, emphasized the immense potential within India. "The potential in India is so immense that it has no immediate plans to expand this vertical of business abroad," he stated, highlighting the group's focus on domestic growth.

The substantial investment underscores the Adani Group's long-term commitment to enhancing India's aviation infrastructure and capitalizing on the country's growing air travel demand.