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flag Adani Group to invest $15B in Indian airports by 2030, boosting capacity to 200M passengers annually.

flag The Adani Group plans a $15 billion investment by 2030 to expand six Indian airports, including the new Navi Mumbai airport set to open December 25, aiming to boost annual passenger capacity to 200 million. flag Upgrades will include new terminals, runways, and taxiways at Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, and Guwahati airports, with 70% of funding coming from debt. flag The expansion, part of India’s aviation growth strategy, will increase capacity by over 60% and support the country’s goal of handling over 300 million passengers annually by 2030. flag The project supports a planned IPO for Adani’s airport unit and aligns with government plans to privatize 11 more airports, with Adani and GMR expected to lead bids. flag India also aims to expand its airport network to 400 by 2047, up from about 160 today.

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