India, Dec. 20 -- Adani Group plans to invest INR1 lakh crore in its airports business over the next five years, betting on sustained growth in India's aviation sector, which is expected to expand at 15-16 per cent annually, a top group official said.
"On the airport side, INR1-lakh crore in the next five years," Jeet Adani, Director of Adani Airports and younger son of billionaire Gautam Adani, told PTI ahead of the start of commercial operations at Navi Mumbai International Airport on December 25. Navi Mumbai International Airport will become the latest addition to the Adani Group's expanding airport portfolio, further strengthening its presence in India's aviation infrastructure.
The airport, being developed by Navi Mumbai Internationa...