Adani Group Has Rs 60,000-Crore Plan To Expand 7 Airports: Karan Adani

The Adani Group has plans to expand seven airports in the country over the next five 5-10 years with a capital expenditure of Rs 60,000 crore. The capacity of the airports managed by Adani Ports will increase three times by the end of next decade, said the company's Managing Director Karan Adani on Sunday.

Out of this, Rs 30,000 crore will be spent on the 'airside' and the rest will be spent on the 'cityside' at the airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Guwahati, Jaipur, and Thiruvananthapuram, said Adani Airports Holdings (AAHL) CEO Arun Bansal.

He also clarified that the Rs 18,000 crore allocated for the Phase-I development at the Navi Mumbai airport is not part of the 60,000 crore expansion plan.