Adani group plans to invest ₹1 trn in airports, infra facilities in 5 years

At present, AAHL operates seven airports in Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati. The NMIA would be its eighth airport

Adani Airport Holdings Ltd (AAHL) plans to invest around ₹1 trillion across its airports and adjoining areas over the next five years, as it looks to develop airports and infrastructure facilities like hotels, entertainment and convention centres, real estate and other assets.

 

AAHL is planning a demerger or an initial public offering (IPO) between 2027 and 2030, Director Jeet Adani told reporters ahead of the Navi Mumbai international airport’s (NMIA’s) commercial launch on December 25.

 

AAHL operates seven airports in Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati. NMIA, its eighth airport, expects a footfall of a few million passengers in FY26. “We are looking at about 12 million in FY27. There will be a couple of million passengers this year because we have barely 2-3 months left. Then, by the year after that it should be at full 20 million capacity,” he said.

 

Meanwhile, the demolition of Terminal 1 at Chhatrapati Shivaji Maharaj International Airport (CSMIA), Mumbai, is slated for 2030.The second terminal’s construction at NMIA will start within the next six months, with its inauguration expected in another three to three-and-a-half years. “We are seeing MMR as a region where total demand right now, even after the 20 million passenger footfall, is still higher than supply.”