In its quest to enter into the aviation sector, Adani Group has decided to set up an international airport at Mundra, Gujarat, entailing an investment of Rs.1,500 crore. In this connection, the group has firmed up plans to upgrade the existing airstrip to a full-fledged commercial airport with integrated cargo and aerospace operations and has already secured environmental clearance for the project, which would be developed without any equity participation from the Airports Authority of India (AAI). However, central agencies will oversee functions like navigation, security, customs, and immigration in such airports. The Adani Group, through its subsidiary Mundra International Airport Private Ltd. (MIAPL), will operate the airport to cash in on the corporate traffic in Mundra, which is fast developing into a business hub. Besides that, with Ahmedabad being the only airport in Gujarat with prime international connectivity, the group believes there is potential for the airport to provide direct connectivity to a large expat Gujarati population.
📅Published on:
05 October 2017
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
