The Valuation School
The Valuation School
February 28, 2025 at 07:59 AM
*Adani Group's Big Plans: Taking Over Airport Retail and More!* By The Valuation School *Expanding Retail at Airports* The Adani Group is set to boost its presence in airport retail by opening over 270 stores across various categories like electronics, beauty products, chocolates, beverages, coffee, lifestyle items, and food outlets. This move aims to serve the 270 million travelers passing through their airports each year, enhancing their shopping experience. *Beyond Airports: Highways and Malls* Looking ahead, Adani plans to extend its retail operations beyond airports to highways and malls, positioning itself to compete with major brands like Tata and Reliance. This strategy is designed to boost non-aeronautical revenues, aiming for these to make up about 75% of Adani Airport Holdings Ltd's income, up from less than half currently. *Taking Charge of Retail Operations* Gaurav Singh, CEO of Adani Airport and Ospree, mentioned that the group plans to manage all retail operations at their airports as existing concessions expire. This year, they're expanding from nearly 50 stores to around 310 next year, including 270 retail stores and 40 food and beverage outlets. *Adani's Growing Airport Portfolio* Adani Airport, a subsidiary of Adani Enterprises Ltd, currently manages eight airports, with seven operational ones in cities like Ahmedabad, Mangaluru, Lucknow, Jaipur, Guwahati, Thiruvananthapuram, and Mumbai. With these expansions, Adani is set to become a significant player in India's retail and infrastructure sectors, offering travelers a diverse and enhanced shopping experience. *Source:* https://tinyurl.com/ycx32njd *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *Note:* This post is just for educational purposes and not a buy/sell recommendation.
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