Adani Group to launch city–side development at eight airports, including Thiruvananthapuram
Mail This Article
Adani Group Enterprises had kick-started a significant city–side development project at eight airports across India, including Thiruvananthapuram. The group, which manages the Thiruvananthapuram International Airport, has allotted Rs 700 crore for the development of the airport and its peripheral area.
The project, which will be carried out in three phases, covers a total area of 655 acres and aims to transform the surrounding areas of airports into major commercial hubs.
Overall development
Adani Group Enterprises owns eight airports in the country. Besides Thiruvananthapuram, the developmental activities would be held at Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur, Guwahati and Mangaluru. The phase one development will span 114 acres, with 50 acres allocated to Mumbai and Navi Mumbai, and the remaining 60–65 acres to the other six airports.
Luxury hotels, shopping complexes, convention centres, offices, food courts, and entertainment zones would be developed on the city sides to welcome both airport users and city dwellers. The project has been envisaged as a central commercial hub like the Aerocity in the vicinity of the Indira Gandhi International Airport in New Delhi. Besides the airports, the company also aims to generate additional income from these commercial hubs.
Trivandrum awaiting approval
The construction of the five-star hotel near the Thiruvananthapuram International Airport would begin as soon as it gets the final approval. Besides, the group has also allotted Rs 1300 crore for Project Ananta, which includes the development of the second terminal in the airport. The construction of this awaits the approval of the Construction Industry Arbitration Council (CIAC). The terminal would also include an airport complex with hotels and a commercial administration block.
Meanwhile, Adani Enterprises Group Chief Finance Officer Jukeshinder Singh told the investors that they have already kick-started the first phase of the project.
Various stages of construction
The construction of hotels, shops, food courts and entertainment zones has already begun at the Mumbai airport. Meanwhile, the company hopes to get the final approvals for the brand new airport in Navi Mumbai, which is all set to get operational by October. This airport is likely to start operating within six months. The developmental projects would be launched as and when the airport opens. The constructions at various airports, too, have been progressing at a rapid pace.
Soaring to success
Adani Airports, part of the fast-growing Adani Enterprises, the business wing of the Adani Group, has been a soaring success. The airport division reported a 25 per cent growth in income that stood at Rs 10,224 crore during the first quarter of the current financial year. During this period, the Adani Airport Holdings Limited served 23.4 million passengers and recorded a growth of three per cent. Meanwhile, it handled 2,8 lakh tonnes of cargo with a significant growth of four per cent.
As of the first half of 2025, Adani Enterprises Limited has a total consolidated external debt of nearly Rs 61,500 crore, of which Rs 30,900 crore has been invested in the airport, Rs 14,600 crore in road development, and Rs 8700 crore in the company’s various development projects in Australia.