Adani Airports To Invest ₹20,000 Cr In Cityside Infra; 70% For Mumbai & Navi Mumbai

Focus on Non-Aero Revenue Growth

Adani Airports will invest ₹20,000 crore to develop cityside infrastructure across its airport network, with nearly 70% of the capital allocated to Mumbai and Navi Mumbai airports, The Economic Times reported. The initiative marks a strategic shift aimed at boosting non-aeronautical revenues.

Target: 70% Non-Aero Income by 2030

The group plans to increase the share of non-aero income to 70% of its total revenue by 2030, a significant jump from the current industry average of 50%. Aeronautical income is expected to contribute less than 30% by the end of the decade, with growth led by cityside developments.

Navi Mumbai Project Key to Expansion

A major part of this vision is the 240-acre mixed-use development planned around the upcoming Navi Mumbai International Airport, which is expected to begin operations in October. The first phase, spread across 50 acres, will feature five hotels (1,000 rooms), a shopping mall, office towers, and limited service apartments. Full completion is projected by 2031.

Inspired by world-class airport cities such as Amsterdam’s Schiphol and Zurich’s The Circle, Adani's model aims to create business districts that serve both flyers and local residents. Talks are already underway with top hospitality brands to manage the new hotel properties.

Strong Q1 Performance and Fresh Capital

Adani Airports posted ₹2,715 crore in revenue for Q1FY26, a 25% year-on-year growth. In June, the company secured $750 million via external commercial borrowings to refinance debt and expand its duty-free, F&B, and retail operations.