Mumbai, Oct. 5 -- Prime Minister Narendra Modi is set to inaugurate the first phase of the Navi Mumbai International Airport (NMIA) on October 8, media reports said.

The project is being executed in multiple stages by Navi Mumbai International Airport Ltd, with the Adani Group holding a 74% stake, and the remaining 26% owned by the City and Industrial Development Corporation (CIDCO) of Maharashtra.

Singhal added that the Prime Minister is expected to land at the new airport around 2:40 pm and spend nearly two hours at the site.

"The Prime Minister will first visit the terminal building, take a round of the premises, and then address the audience," he said.

The International Air Transport Association (IATA) has assigned the airport the...