As the Indian government moves towards privatization of major government-aided bodies, the Modi government has handed over the administration of the Mumbai International Airport to the private conglomerate Adani Group which assures development of the airport.

Adani Airport Holdings (AAHL), a wholly owned subsidiary of Adani Enterprises, earlier this year acquired a 23.5 per cent stake in Mumbai International Airport (MIAL) from ACSA Global (ACSA) and Bid Services Division (Mauritius), or Bidwest 1,685.25 crore.

Inspite of that, the Adani Group was allowed to operate Lucknow, Jaipur, Guwahati, Ahmedabad, Thiruvananthapuram and Mangaluru airports through a public-private partnership (PPP) model in India. 


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