Adani Group Expresses Interest in Acquiring AAI's Stake in Mumbai Airport

14 Mar 2024 CW Team

Reports indicate that the Adani Group has shown interest in acquiring the Airports Authority of India's (AAI) stake in Mumbai Airport. This move signifies Adani Group's strategic expansion plans in the aviation sector and its intent to strengthen its foothold in India's airport infrastructure.

The potential acquisition of AAI's stake in Mumbai Airport reflects Adani Group's growing presence and ambitions in the aviation industry. If successful, the deal could position Adani Group as a key player in India's airport development landscape, further enhancing its portfolio in the transportation sector.

Adani Group's interest in Mumbai Airport underscores its commitment to investing in critical infrastructure projects that drive economic growth and connectivity. The acquisition aligns with the group's vision of contributing to India's development by modernising and expanding essential transportation infrastructure.

As discussions progress regarding the potential stake acquisition, stakeholders in the aviation industry will closely monitor developments. Adani Group's involvement could bring significant changes to Mumbai Airport's operations and future expansion plans, potentially shaping the trajectory of India's aviation sector.

The reported interest of Adani Group in acquiring AAI's stake in Mumbai Airport reflects the evolving dynamics of India's airport infrastructure and the growing role of private players in its development. If realised, the deal could have far-reaching implications for the aviation industry and India's broader economic landscape.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..