According to Chief Executive Arun Bansal, Adani Airports, a division of the conglomerate owned by billionaire Gautam Adani, plans to submit bids for other airports across India in an effort to overtake other airport operators.
Adani Airports
Adani Airports was awarded the contract to run six airports in the most recent round of government airport privatization. Over the following few years, India is anticipated to privatize roughly a dozen more airports, and Bansal promised that his organization would take part in the tender process.
Adani Group’s 2,866-acre airport in Navi Mumbai, which would serve 90 million travelers by 2036, is one of India’s major airport initiatives.
Zurich Airport International AG is building a brand-new facility in the capital city of New Delhi with a 70 million passenger capacity. In the states of Karnataka, Gujarat, and Andhra Pradesh, more greenfield airports will be built.
There was a 92% growth in domestic travelers and a 133% increase in travelers from abroad at all seven Adani airports. The number of internal and international flights has also increased, by 58 and 61 percent, respectively.
Navi Mumbai airport
According to Bansal, Adani Airports is optimistic about the country’s aviation business and wants to “do more airports.” He also mentioned that the Navi Mumbai airport will begin operations under the first phase by December 2024.
In the initial phase, Navi Mumbai airport will be able to handle 20 million passengers. The airport in Mumbai is also run by Adani Airports.
With airline orders for hundreds of new planes to fulfill increasing travel demand placing pressure on current infrastructure, the central government plans to spend over Rs 980 billion ($12 billion) on airports over the next two years.
Airports Authority of India
In order to increase the number of airports from the present 148 in the aviation industry with the fastest growth in the world to 220 by 2025, private builders will contribute around $9 billion and the government-run Airports Authority of India will contribute the remaining funds.
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Greenfield developments, new terminals, and the refurbishment of existing facilities—including abandoned military airfields from colonial times—are all part of this. The Center wants to build brand-new greenfield airports within the following five years
Maharashtra’s Navi Mumbai, Karnataka’s Vijayapura, Hassan, and Shivamogga, Uttar Pradesh’s Noida (Jewar), Gujarat’s Dholera and Hirasar, and Andhra Pradesh’s Bhogapuram are among the locations where the attacks occurred.
According to the Regional connectivity plan (RCS)- Ude Desh ka Aam Nagrik (UDAN) infrastructure scheme, the Center wants to build 100 airports by 2024.
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