Adani Airports plans ₹1 lakh crore capex for 11 airport bids
pre-market1 source ↓written by the desknot a recommendation
- approx
- ₹1 lakh crore
- that the government
- 11 airports
- of airports
- 350-400 by 2047
- Currently operates
- 7 airports
Adani Enterprises aims to invest ₹1 lakh crore (approx. $11 billion) in expanding its airports infrastructure. The group plans to bid for 11 airports that the government intends to lease to private players, including key locations like Amritsar and Varanasi. This move aligns with India's goal to increase the number of airports to 350-400 by 2047.
• Currently operates 7 airports, including Mumbai and Ahmedabad
• Largest airport operator in India
This expansion could enhance Adani's market position amid the ongoing airport privatization drive.
Not investment advice. For informational purposes only.