Adani will change the face of airports, will invest ₹1 lakh crore in the next 5 years!

Adani Group’s big bet

A big change is going to happen in the aviation sector of the country. Adani Group has announced a huge investment of Rs 90,000 crore to Rs 1 lakh crore on the expansion and development of airports in the next five years. With this big plan, commercial flights for common passengers have also started from Mundra Airport in Gujarat. With these flights started in partnership with Star Air, it has now become very easy to reach major cities like Mumbai and Goa. Adani Airport Holdings Director Jeet Adani has presented the complete outline of this investment plan during the inauguration of the new terminal of Mundra Airport.

New phase of connectivity with Mundra

Mundra is a big industrial center of the country, but till now traveling from here was quite tiring. According to Jeet Adani, till now passengers going from Mundra to Mumbai had to go through many stoppages. With the new direct flight service, this journey will not only be convenient, but will also save a lot of time. The new terminal of Mundra Airport has been completed in record time. Initially, regional flights will be available from here to Mumbai, Goa, Surat and Hindon. Soon Ahmedabad will also be connected to this air network. It has been possible to bring this connectivity at the ground level due to the approvals received under the government’s ‘Udaan’ scheme. This direct connectivity will also give a huge boost to tourism in Kutch region, especially the access of tourists to Mandvi Beach and local cultural sites will become much easier.

5 year mega master plan

Adani Group is adopting a very aggressive strategy to strengthen the infrastructure of airports. The company’s investment plan of Rs 90 thousand to Rs 1 lakh crore is completely ready. This fund will be spent in making all the existing airports of the group world class. The opening of Mundra Terminal is a part of this vision. At present, the runway of Mundra is fully capable of handling large aircraft like A320 and 737. Currently, small regional flights have been started from here, but as passenger demand increases and supply-related problems reduce, operation of larger narrow-body aircraft will also be started here. Adequate land is also available near the airport for future expansion. With this development of Mundra, the entire area will be transformed into a multi-modal logistics and business hub.

Keep an eye on 11 new airports

Adani Group does not want to limit itself to just expanding its existing portfolio. The Government of India is soon going to invite bids for the privatization of 11 new airports. Jeet Adani has made it clear that his group will participate fully in this auction process. Although the company has not decided how many of these 11 airports they want to win the contract for, their main goal is to continuously increase their share in the country’s ‘aviation economy’. The Group will continue to be one of the largest players in the management of Indian skies and airports in the times to come,

Vibhav Shukla

Vibhav Shukla

Vibhav Shukla is currently working at TV9 Hindi as Senior Sub-Editor on Business Desk. He has six years of experience in journalism. Vibhav is originally from Mau district of Uttar Pradesh. He started his career with Rajasthan Patrika. After this he has been associated with prestigious institutions like Inshorts and Gujarat First.

Read More

google button

Leave a Comment