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Adani Group plans $19b expansion of India airports by 2030

The Straits Times

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December 04, 2025

The Adani Group plans to invest US$15 billion (S$19 billion) to boost passenger capacity at its airports to 200 million annually in the next five years, people familiar with the matter said, helping to power India’s aviation boom as it prepares to list its airport unit.

The plan involves adding terminals, taxiways and a runway at the Navi Mumbai airport, which is set to open on Dec 25, the sources said.

The group will undertake capacity upgrades at Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow and Guwahati airports, they said.

About 70 per cent of funding will come from debt raised over five years, with the rest in equity, the people added.

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