Summary:

Adani Group plans to invest Rs. 90,000 crore to Rs. 1 lakh crore across its airport portfolio over the next five years to strengthen India’s aviation infrastructure and connectivity. The investment supports airport expansion, including commercial operations at Mundra Airport with Star Air services linking Kutch to Mumbai and Goa. The group also plans to participate in bidding for 11 new airports. Enhanced connectivity will promote trade, tourism and regional development, with future routes including Ahmedabad. Mundra Airport can accommodate larger aircraft, enabling future growth in passenger traffic. The expansion aligns with the UDAN initiative and is expected to boost India’s aviation ecosystem, infrastructure development and economic growth through sustainable investments and improved regional air transport networks.

Source: IBEF

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