Adani Airport Holdings Ltd, part of Adani Enterprises, operates one of India’s largest private airport networks, including major hubs such as Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram along with the newly operational Navi Mumbai International Airport. The company handles a significant share of India’s air traffic, with its airports collectively serving over 9.4 crore passengers in FY 2024-25 and contributing roughly 23 % of domestic air travel and a substantial portion of international traffic.
With rapid growth across passenger volumes, non-aeronautical revenue streams and airport capacity expansion plans, Adani Airports is preparing for a potential initial public offering (IPO) or demerger of its airport business. Industry reports suggest a listing could happen between 2027 and 2030, depending on market conditions and financial readiness. The company is forecasting a major ₹1 lakh crore investment over the next five years to upgrade terminals, enhance passenger capacity and develop commercial spaces across its airport portfolio.
Adani’s airport strategy focuses on scaling operations, improving infrastructure and leveraging India’s booming aviation market, which is poised for strong long-term growth due to rising incomes, urbanisation and broader connectivity initiatives.
