PM Modi to Inaugurate Navi Mumbai International Airport's First Phase on October 8
Prime Minister Narendra Modi will inaugurate the first phase of Navi Mumbai International Airport on October 8. The ₹19,647 crore project, developed by Navi Mumbai International Airport Ltd (NMIAL), is owned 74% by Adani Group and 26% by CIDCO. The airport's first phase can handle 20 million passengers and 0.80 million metric tonnes of cargo annually. Commercial operations are set to begin in December 2025. Major airlines like Air India Group, IndiGo, and Akasa Air plan to partially relocate operations to this new airport. Upon full development, the airport is expected to handle 90 million passengers annually across four terminals, with a total estimated cost of ₹1,00,000 crore.

*this image is generated using AI for illustrative purposes only.
Prime Minister Narendra Modi is set to inaugurate the first phase of the Navi Mumbai International Airport on October 8, marking a significant milestone in India's aviation infrastructure development. This new airport, the second international airport in the Mumbai Metropolitan Region, represents a major step forward in enhancing the region's air connectivity and economic growth.
Project Details
Aspect | Details |
---|---|
Project Cost (Phase 1) | ₹19,647.00 crore |
Developer | Navi Mumbai International Airport Ltd (NMIAL) |
Ownership | Adani Group (74%), CIDCO (26%) |
Aerodrome License | Received on September 30 |
Commercial Operations | Set to begin in December 2025 |
Capacity and Infrastructure
The first phase of the airport, centered around Terminal 1, boasts impressive capabilities:
Feature | Capacity |
---|---|
Passenger Handling | 20 million annually |
Cargo Handling | 0.80 million metric tonnes annually |
Total Land Area | 1,160 hectares |
Upon full development, the airport is projected to significantly expand its capacity:
Feature | Future Capacity |
---|---|
Number of Terminals | 4 |
Passenger Handling | 90 million annually |
Cargo Handling | 3.25 million metric tonnes annually |
Estimated Total Cost | ₹1,00,000.00 crore |
Airline Participation
Several major airlines have already confirmed their intention to partially relocate operations to the new airport, including:
- Air India Group
- IndiGo
- Akasa Air
This move by airlines underscores the strategic importance of the Navi Mumbai International Airport in meeting the growing air travel demands of the region.
Corporate Update
In a related development, Adani Enterprises Limited , which holds a majority stake in NMIAL, has announced a board meeting scheduled for October 8, 2025. The meeting will consider proposals for fund-raising through various means, including the issuance of debt securities. This aligns with the timeline of the airport's inauguration and could potentially be related to funding future phases of the project.
The inauguration of the Navi Mumbai International Airport represents a significant leap in India's aviation infrastructure. As the project progresses, it is expected to play a crucial role in alleviating air traffic congestion in the Mumbai region and contribute substantially to the local and national economy.
Historical Stock Returns for Adani Enterprises
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.73% | -1.83% | +9.98% | +13.66% | -19.38% | +712.27% |