The Adani group will invest about Rs 10,000 crore in the Ahmedabad airport between 2023 and 2027 to augment its passenger handling capacity by three times, making it 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, they added.
The Adani group did not respond to queries sent by Business Standard.
The conglomerate had in November 2020 taken control of the Ahmedabad airport from the Airports Authority of India (AAI).