Adani Group takes control of Mumbai airport management

15 Jul 2021 CW Team

Adani Group Holdings has formally acquired control of the Mumbai International Airport management from GVK Group.

With the addition of Mumbai airport, Adani Airport Holdings will now control over 33% of India’s air cargo traffic.

Adani Group will hold a 74% stake in Mumbai's Chhatrapati Shivaji Maharaj International Airport, post the stake acquisition deal, of which 50.5% is being acquired from GVK Group and 23.5% from minority partners comprising Airports Company South Africa (ACSA) and Bidvest Group.

Adani Airport Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Ltd, believes that air travel in India, post-pandemic, will observe an increase. IATA (International Air Transport Association) has evaluated growth in the global passenger traffic to 88% of pre-Covid levels by 2022 and a further increase in 2023.

Gautam Adani, Chairman, Adani Group, said that the broader goal is to reinvent airports as ecosystems that stimulate local economic development and work as the nuclei around which they can catalyse aviation-linked businesses. These involve Metropolitan developments that cover e-commerce and logistics capabilities, entertainment facilities, aviation dependent industries, Smart city developments and other innovative business ideas.

Their airport expansion strategy is aimed to help meet our country's Tier 1 cities with the Tier 2 and Tier 3 cities in a hub and spoke model. It is crucial to facilitating a greater equalization of India’s urban-rural divide and making international travel smooth and seamless.

Image Source

Also read: Navi Mumbai airport in Panvel to be run by Adani Group

Also read: Adani’s MIAL takeover approved by AAI

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..