The Adani Group is planning to invest around Rs 1 lakh crore across its airport portfolio over the next five years, Adani Airport Holdings Director Jeet Adani stated during the launch of scheduled commercial flight operations at Adani Mundra Airport in Gujarat on Tuesday.
The announcement coincided with the inauguration of the airport’s new terminal and the commencement of Star Air’s commercial services connecting the region to key domestic destinations.
“Our five-year investment plan across all airports is about Rs 90,000 crore to Rs 1 lakh crore, and that continues to be the case,” Jeet Adani told media persons.
He stated that the conglomerate also plans to expand its aviation footprint further by participating in the government’s forthcoming airport privatisation programme.
Jeet Adani told media persons that the Adani Group intends to participate aggressively after the government invites bids for 11 new airports.
The announcement came during the launch of scheduled flight services from Adani Mundra Airport through regional carrier Star Air, which will connect Mundra with Mumbai and Goa, while additional routes have been launched to Hindon, Surat, Belagavi, Bengaluru, Kolhapur and Nanded.
According to Adani Airport Holdings, the airport’s new terminal was completed in record time and will initially focus on regional connectivity, with Ahmedabad expected to be added to the network soon.
Jeet Adani also stated that the new services would significantly improve connectivity for residents, businesses and tourists in the Kutch region.
Travelling from Mundra to major cities such as Mumbai often involved multiple stops, making journeys time-consuming and inconvenient. Direct air connectivity is expected to simplify travel while supporting business activity linked to Mundra Port and the surrounding industrial ecosystem, he stated.