Adani Airports, a key arm of Adani Enterprises, is planning a massive investment of ₹20,000 crore (US$2.4 billion) in city-side developments at its airports. Nearly 70% of this investment will go to the Mumbai and Navi Mumbai airports. The goal is to increase revenue from non-aeronautical sources making up 70% of total revenue by 2030. This includes sectors like retail, hospitality, and office spaces.
Currently, airports in India earn about half of their income from aeronautical sources, such as airline fees. The other half comes from non-aero sources like shopping, parking, and food courts. According to news reports, the company wants to reduce dependence on aeronautical revenue to below 30% by 2030. This shift is expected to make the business model more stable and resilient.
A large portion of the investment is focused on Mumbai and Navi Mumbai airports. Navi Mumbai International Airport, set to open soon, will become a unique “walkable business district.” The first phase will include five hotels (1,000 keys in total), a shopping mall, three office towers, and extended service apartments.
The new airport developments are inspired by successful global airport cities such as Schiphol Airport in Amsterdam and Sydney Airport. These airports have successfully blended travel, hospitality, retail, and workspaces to create busy, self-sustaining ecosystems. The idea is to attract not just travellers, but also local residents and businesses for daily engagement.
Adani Airports is already showing strong growth. In the first quarter of fiscal 2026, the division earned ₹2,715 crore, up 25% from the same period last year. This growth has come from both higher passenger volumes and increased non-aero income.
Read more: Adani Airports IPO Likely by 2027 Amid US$100B Expansion Plan.
Adani Airports’ ₹20,000 crore plan signals a big shift in how airports operate in India. By focusing on non-aeronautical revenue and city-side developments, the company aims to create modern, vibrant airport cities that support long-term growth. This move could redefine airport experiences for both travelers and locals.
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Published on: Aug 7, 2025, 1:05 PM IST
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