The Adani group to invest Rs 10,000 crore in Ahmedabad airport

Between 2023 and 2027, the Adani group would invest over Rs 10,000 crore at the Ahmedabad airport to triple its capacity for passenger handling and turn it into a regional hub.

In a presentation to investors last week, the Adani group executives said the Ahmedabad Airport will be made a regional hub connecting airports such as Bhuj, Kandla, Jamnagar and Bhavnagar. Its annual passenger handling capacity will be increased from 9 million currently to 28 million in 2027. The commercial area in the airport will be increased from the current 2,000 square metres (sq. mt) to 9,000 sq. mt by 2025 to boost non-aeronautical revenues, they added.

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