A thorn in Gautam Adani’s airports crown

The entrepreneur has been relentless in his pursuit to become India’s largest airport operator. But COVID-19 has struck at the heart of his business plan. Can he overcome the setback?

The glee in Gautam Adani’s statement was palpable.  His Adani Airport Holdings Ltd had just taken management control of the Chhatrapati Shivaji Maharaj International Airport in Mumbai on 13 July. “We are delighted to take over the management of the world class Mumbai International Airport. We promise to make Mumbai proud,” Adani tweeted. The takeover was an apt birthday gift for the entrepreneur who had turned 59 just three weeks earlier. Adani, after having taken leadership positions in India’s ports and power sectors, had become the largest airport operator in the country.

No other business in the $15 billion Adani …

Author

Prince M. Thomas

Prince leads the newsroom at The Morning Context as managing editor. A fascination with the written word has taken Prince to some of the leading newsrooms across the country, including The Economic Times, Dow Jones Newswires, Forbes India and Moneycontrol. In a career spanning 20 years, Prince has led teams, managed pages, projects and special editions, and has authored The Consolidators, published by Penguin Random House in 2017.

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prince@mailtmc.com

Mumbai