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Adani to list airport biz by 2027.
Adani Group is gearing up to take its airports business public by 2027, while fast-tracking its massive $100 billion investment push across businesses.
The deets: The airport unit, currently housed under Adani Enterprises, will likely be spun off and listed by March 2027.
Adani Airport Holdings is already India’s largest private airport operator, managing eight airports across the country. It is also set to open a new terminal near Mumbai in the coming months.
Meanwhile, the group is also accelerating its capex timeline as what was earlier a 10-year, $100B plan will now be executed in just 5-6 years. The bulk of this investment will go into energy, logistics, and infrastructure businesses.
