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 Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..