<a href="https://www.mid-day.com/search/Gautam-Adani-articles" target="_blank" rel="none noopener">Adani</a> Airports chief Arun Bansal on Wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the Indian aviation market.
Currently, the company is operating seven airports and is building another one.
Bullish on the Indian market, Bansal said it would like to operate more airports and eventually become a leading airport operator in the world.
Adani Airports is investing in physical and digital segments, and is committed to building the capacity, he added.
Indian aviation had been taken for granted for the last 20-30 years and the cost of operating <a href="https://www.mid-day.com/search/mumbai-airport-articles" target="_blank" rel="none noopener">airports</a> should come down by 30-50 per cent in the coming years, he noted.
Also Read: <a href="https://www.mid-day.com/news/india-news/article/delhi-finance-minister-kailash-gahlot-presents-rs-78800-crore-budget-for-2023-24-in-assembly-23276662" target="_blank" rel="none noopener">Delhi: Kailash Gahlot presents Rs 78,800-crore budget for 2023-24</a>
Adani Airports is bullish on the country's aviation market and wants to "do more airports", Bansal said, adding that under the first phase, Navi Mumbai airport will start operations by December 2024.
The passenger handling capacity will be 20 million in the first phase of Navi Mumbai airport. Adani Airports is also operating Mumbai airport.
"We are also working on (setting up) an aviation institute," he said while speaking at the CAPA aviation summit here.
India is one of the fastest growing aviation markets in the world and a large number of planes are on order by various Indian carriers.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
 <script async="async" data-cfasync="false" src="//pl23789885.revenuecpmgate.com/7445444aea29efc3d061cbd866026c06/invoke.js"></script>
 <div id="container-7445444aea29efc3d061cbd866026c06"></div>

Adani Airports is investing in physical and digital segments, and is committed to building the capacity, Adani Airports chief Arun Bansal said

Need to reduce airports' operating costs by 30-50 per cent: Adani Airports CEO

Trending Stories

Latest Photos

Latest Videos

Latest Web Stories

Mid-Day Fast

Home / News / India News / Article / Need to reduce airports' operating costs by 30-50 per cent: Adani Airports CEO

Need to reduce airports' operating costs by 30-50 per cent: Adani Airports CEO

Trending Stories

Latest Photos

Latest Videos

Latest Web Stories

Mid-Day Fast