Bansal told the SBI Banking and Economics Conclave that Adani Airports would not pursue an airline, a stance that follows the government’s recent review of allowing airport operators to run airlines. The announcement came as officials weigh the pros and cons of such dual‑role ventures.
Adani Airports currently moves about 100 million passengers annually and sits as the second‑largest global operator by traffic. Its network spans Mumbai, Ahmedabad, Lucknow, Thiruvananthapuram, Jaipur, Guwahati and Navi Mumbai.
The company has earmarked $11 billion for five years of infrastructure upgrades, targeting terminals, runways and cargo hubs. The funding will also fund technology‑driven services to improve passenger flow.
India’s aviation market is projected to grow tenfold over the next two decades, outpacing GDP growth and reaching 200 million passengers by 2034. Bansal said the sector’s expansion could make Adani Airports the world’s top operator.
Bansal will present the detailed expansion roadmap at the company’s December AGM, where investors will vote on the capital allocation plan.