The Adani Group has unveiled an ambitious plan to invest nearly ₹96,000 crore in its airport division over the next five years. The focus will be on infrastructure and real estate development, with substantial allocations for the Navi Mumbai and Mumbai airports.
Jeet Adani, Head of the Adani Group’s airport business, told The Times of India that the company is prioritizing domestic growth opportunities and currently has no immediate plans for global expansion. Highlighting India’s vast growth potential, he emphasized strategic partnerships with major carriers like IndiGo and Air India to align infrastructure upgrades with airline expansion.
Adani Airports, which operates seven airports including Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA), plans to commission the Navi Mumbai International Airport (NMIA) by October 2025. The first phase will accommodate 20 million passengers annually, backed by an initial investment of ₹19,000 crore.
Longer-term, NMIA will see further development, with plans for a second terminal under consideration. Options include a 3-CPA terminal at an estimated cost of ₹30,000 crore or a larger 5-CPA terminal with an investment ranging between ₹40,000-₹45,000 crore. The ultimate goal is to handle up to 90 million passengers annually at NMIA, supported by a total projected investment of ₹1 lakh crore.
Mumbai will also benefit from a new Terminal 1 by 2032, with an estimated outlay of ₹5,000 crore.
Beyond Mumbai, expansion plans are underway at airports in Ahmedabad, Jaipur, and Thiruvananthapuram. The Lucknow airport is also seeing ongoing upgrades, while Guwahati is set to receive a new terminal slated for commissioning by late 2025.
Jeet Adani confirmed that funding for these projects will involve a mix of internal equity and debt refinancing, underlining the Group’s commitment to driving India’s aviation infrastructure growth.
