One out of every four air travelers in India currently passes through Adani’s airports on their route to catch a flight.
The Adani Group, led by Gautam Adani, has finalized the purchase of Mumbai International Airport from the GVK group, propelling it to the top of India’s airport infrastructure firms.
With India on track to become the world’s third-largest aviation market by 2024, the addition of the Mumbai International Airport to the Adani Group’s existing portfolio of six airports provides a transformational aviation platform allowing the Adani Group to interlink its B2B [business-to-business] and B2C [business-to-consumer] business as well as create several strategic associations for the Group’s other B2B organizations.
Adani Airport Holdings presently owns 74% of Mumbai International Airport. As a result of this acquisition, the group’s airports now account for one-fourth of total airport footfalls in India, as well as one-third of total aviation cargo handled.
There are six airports and counting:
Adani Airport Holdings, a wholly-owned subsidiary of Adani Enterprises, will operate Mumbai International Airport. With this acquisition, the business currently operates three airports in Ahmedabad, Lucknow, and Mangaluru, while the takeover of two more airports in Thiruvananthapuram and Jaipur is still ongoing, as the company just acquired Guwahati.
In addition, the Adani Group plans to build another airport in Navi Mumbai, with financial completion expected within the next 90 days. It intends to open the Navi Mumbai airport by 2024.
After participating in a procurement procedure held by the Airports Authority of India, it won bids to manage these airports for the next 50 years.
When purchasing these ports, keep in mind the capture of over 3,000 kg of heroin at the Mundra port in Gujarat’s Kutch region.
The Union Finance Ministry’s Directorate of Revenue Intelligence (DRI) seized a total of 2,988.21 kg of Afghan heroin from two containers at the Mundra port on September 15. Adani Ports and SEZ (APSEZ), the ports division of Gautam Adani’s company, operates the port.
The shipment was believed to be worth 21,000 crores, with officials estimating that the worldwide market value of the confiscated heroin per kilogram was about 5-7 crore. This is said to be the single largest heroin seizure in India yet, and maybe one of the largest in the world.
“The Act also provides appropriate Government of India officials, such as Customs and the DRI, the power and the authority to open, examine, and confiscate the unlawful shipment.” The shipment cannot be inspected by any port operator in the country. “Their participation is absolutely restricted to port operations,” Adani Group stated on Tuesday.
“We definitely hope that this statement of ours will put an end to the politically motivated, unpleasant, and inaccurate misinformation which is being spread on social media against the Adani Group,” they continued. The statement also stated, “We have no control of police over the containers or the millions of tonnes of commodities which travel through the Mundra or any of our ports.”
Furthermore, Adani’s wealth nearly doubled to USD 32 billion in 2020, propelling him to be the 48th richest person in the world and the second wealthiest Indian.
This year, India created 179 more super-rich people, lead by Gautam Adani of the Adani Group, who acquired a staggering wealth of Rs 3.65 trillion, or more than Rs 1,000 crore each day, bringing the total to 1,000.
Five additional cities now have super-rich residents, bringing the total number of super-rich cities to 119, and these 1,007 individuals added 51 percent to their fortune in 2021. The average wealth grew by 25% this year, despite the coronavirus epidemic affecting the lives of thousands of individuals.
While Mukesh Ambani has topped the Hurun India rich list for the tenth year in a row, with Rs 7.18 trillion in wealth — only 9% higher than 2020 — The Adani family comes second in the list of the richest Asian, with Rs 5.05 trillion, up 261 percent from Rs 1.40 trillion, earning Rs 1,000 crore every day or Rs 3.65 trillion crores over the previous year.
The main question now is: what are you going to do about it?
As previously said, Gautam Adani makes more than 1000 crores every day, both before and after the pandemic.
Is the acquisition of these ports and companies merely to play it safe and hide a massive deception behind it???
Around September 15, the Union Finance Ministry’s Directorate of Revenue Intelligence (DRI), an enforcement agency, seized a total of 2,988.21 kg Afghan heroin from two containers at the Mundra port.
Is he simply using and purchasing these ports in order to profit more from these drug dealings, or does he simply want to increase his income? He is using Afghan heroin to readily supply in India!
Because if someone is making a lot of money in these terrible times of the covid-19 pandemic, the basic and most crucial inquiry and skepticism are: is he merely exploiting these ports to provide more narcotics and heroin while staying safe?
Adani Group has taken over the operations of Guwahati Airport.
The Adani Group was handed over the Lokpriya Gopinath Bordoloi International Airport in Guwahati for operations, management, and expansion on Friday, October 8th.
At a midnight celebration, Ramesh Kumar, Airport Director of the Airports Authority of India (AAI), handed over the symbolic key of the airport to Utpal Baruah, Chief Airport Officer of the new airport operator, thus ending the process of expanding and modernizing the Northeast’s major airport.
In 2018, the Indian government placed the Guwahati airport in a group of six airports slated for privatization for operations, management, and development (OMD) for the next 50 years: Ahmedabad, Lucknow, Mangalore, Jaipur, and Thiruvananthapuram.
The winning bidder for all six airports was Adani Enterprise Limited.
The AAI and Adani Enterprise Limited inked a concession agreement on January 19 this year in New Delhi.
The new airport operator, Adani Guwahati International Airport Limited (AGIAL), will take over the operations, administration, and development duties of Guwahati’s Lokpriya Gopinath Bordoloi International Airport starting Friday, according to a statement.
The charge transfer event was seen by numerous airport workers and officials with their families, amidst the thunderous traditional melody of ‘taal-khol’ and ‘Bihu,’ in the presence of the Adani Group’s representatives.
The AAI’s staff will provide support to the new airport operator for the first three years. Kumar expressed his congratulations to the new operator and pledged his assistance throughout the first stages.
The following is a list of airports that are part of the Adani group:
Adani Airports, which was born out of the group’s flagship company Adani Enterprises Ltd. (AEL), was awarded the contract to modernize and operate six airports in India, including Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram, through the Airports Authority of India’s globally competitive tendering process.