The Adani Group has started to broaden its airport activities in India. It intends to allocate Rs. 1,350 billion (US$ 15 billion) in the next five years to enhance capacity for accommodating 200 million passengers annually. This project showcases the swift expansion of air travel within India's aviation sector, projected to double by 2030, achieving 300 million passengers each year. The investment will bolster Adani's market standing, particularly with the impending initial public offering of its airport division. As a component of its growth strategy, Adani will construct new terminals, taxiways, and extra runways at the Navi Mumbai International Airport, set to launch on December 25. Furthermore, as an element of a sustained, all-encompassing strategy to enhance infrastructure at key airports, Adani will modernise current airports, such as Ahmedabad, Jaipur, Thiruvananthapuram, Lucknow, and Guwahati. About 70% of the overall investment will be financed through debt over the next five years, while the remaining 30% will come from equity. These improvements focus on six airports that were leased to Adani in 2020 during the second phase of airport privatisation by the Government of India. India's airport privatisation process started in 2006, enabling private firms such as GMR and GVK to take over key airports, including Delhi and Mumbai, which Adani subsequently invested in. India's intention to privatise 11 more airports is expected to see Adani Airport Holdings Ltd. and GMR Airports as the main rivals. Additionally, India is working on the construction of a second airport in Delhi, aiming to raise the total airport count from 160 to 400 by 2047, highlighting the nation’s ambition for sustained development in its aviation industry.