Adani’s investment of Rs 60,000 crore to expand 7 airports in 10 years

Adani Group plans to invest Rs 60,000 crore in its seven existing airports over the next five to 10 years to increase their capacity and revenue-generating potential.

Adani Airports Holdings (AAHL) Chief Executive Officer Arun Bansal said that Rs 30,000 crore will be spent on the ‘airside’ over the next five years, while another Rs 30,000 crore will be allocated to the ‘city side’ over the next five to 10 years . the seven existing airports: Mumbai, Ahmedabad, Lucknow, Mangaluru, Guwahati, Jaipur and Thiruvananthapuram.

The capital expenditure (capex) of Rs 60,000 crore does not include the Rs 18,000 crore allocated for the phase

First print: March 10, 2024 | 5:44 PM IST