Adani Group plans US$15 billion India airports expansion by 2030
- IBEF
- December 3, 2025
The Adani Group has begun expanding its airport operations in India. It plans to spend Rs. 1,350 billion (US$ 15 billion) over the next five years to increase capacity to handle 200 million passengers per year. This initiative reflects the rapid growth of air travel in India's aviation industry, which is expected to double by 2030, reaching 300 million passengers annually. The investment will further enhance Adani's market position, especially with the upcoming initial public offering of its airport business. As part of its expansion plan, Adani will develop new terminals, taxiways, and additional runways at the Navi Mumbai International Airport, which will open on December 25. Additionally, as part of a long-term, comprehensive plan to improve infrastructure at major airports, Adani will upgrade existing airports, including Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, and Guwahati. Approximately 70% of the total investment will be funded through debt financing over five years; the remaining 30% will be raised through equity.
These enhancements are centered on six airports that were leased to Adani during the Government of India's second airport privatization phase in 2020. India's airport privatization journey began in 2006, allowing private companies like GMR and GVK to gain control of major hubs, including Delhi and Mumbai, which Adani later acquired a stake in. As India plans to privatize an additional 11 airports, Adani Airport Holdings Ltd. and GMR Airports are anticipated to be the primary competitors. Furthermore, India is in the process of developing a second airport in Delhi, with the ambitious goal of increasing the total number of airports from 160 to 400 by 2047, emphasizing the country’s vision for long-term growth in its aviation sector.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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