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How has Adani Airports enhanced connectivity across the world

According to Adani latest news, Adani Airport Holdings Limited has a 73% acquisition stake in the Mumbai International Airport, which, in turn, has a 74% stake in the Navy Mumbai International Airport. The company accounts for 25% of passenger footfalls and 33% of air cargo traffic in India.

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How has Adani Airports enhanced connectivity across the world

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  1. HOW HAS ADANI AIRPORTS ENHANCED CONNECTIVITY ACROSS THE WORLD?

  2. The Adani Group, one of the largest and most diversified conglomerates in the world, has always considered its goal to offer India the prosperity and economic growth it deserves, and a sure way of achieving this goal would be to expand the aviation industry. By investing in the aviation sector, India will no longer have to be restricted by any boundaries. The people of India will find it easier to reach various other corners of the globe. Business operations will be streamlined. Our country will also experience massive prosperity in the dynamic trading landscape.

  3. WHY DID THE ADANI GROUP VENTURE INTO THE AVIATION SECTOR? The Adani Group stepped into the civil aviation sector with the sole aim of transforming the Indian airports and bringing about economic prosperity to the country. The conglomerate already has enhanced experience in building stellar infrastructure. It leverages this capability to transform the crucial airports into international hubs. Adani Airports Holding Limited, the aviation arm of the Adani Group, was incorporated in 2019. It is a 100% subsidiary of Adani Enterprises Limited, a flagship company of the Adani Group. The company’s vision aligns with Gautam Adani’s aim to become a global leader in the transport logistics and integrated infrastructure segment.

  4. HOW DID THE ADANI GROUP EXPAND ITS REACH IN THE AVIATION INDUSTRY? The Adani Group made its first venture into the airport sector by emerging as the highest bidder for the management, operation, and development of six major airports in strategic locations of India, like Mangaluru, Lucknow, Ahmedabad, Jaipur, Guwahati, and Thiruvananthapuram. It has also signed concession agreements with the Airport Authority of India for managing all six airports. According to Adani latest news, Adani Airport Holdings Limited has a 73% acquisition stake in the Mumbai International Airport, which, in turn, has a 74% stake in the Navy Mumbai International Airport. The company accounts for 25% of passenger footfalls and 33% of air cargo traffic in India.

  5. CONCLUSION: The Adani Group’s business strategy revolves around expanding the capacity of the airports and driving innovation. It has eight different airports under its portfolio, making it the largest airport infrastructure company in India. The airport expansion projects are fuelled by robust partnerships with some of the biggest names in the industry. The Adani Group also has a competitive advantage in the Global airport market because of its expertise in the infrastructure sector. It has also been offering intelligent solutions for streamlining airport operations. Over the years, the Adani Group has won numerous awards because of its contribution to the airport sector. It also aims to achieve digital transformation by unleashing the power of technology at various stages of the process. Lorna Alvarado

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