Adani Group Halts International Airport Expansion Plans, Focusing on India
AI Summary1 min read
TL;DR
Adani Group pauses international airport expansions to concentrate on India, aiming to triple or quadruple its airport business there with ₹1 lakh crore investment and boost passenger traffic to 150 million in 3-5 years.
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Adani Groupairport expansionIndia investmentpassenger trafficaviation business
Adani Group has put its international airport expansion plans on hold and will focus on India, where its airport business is set to expand 3-4 times over the next five years with investments of ₹1 lakh crore. The group currently operates eight airports and expects passenger traffic to rise to 150 million over the next three to five years, driven by capacity expansion and rising air travel demand.
