Navi Mumbai International Airport inauguration on Oct 8

The Navi Mumbai International Airport will be inaugurated on October 8, Adani Group Chairman Gautam Adani said on Wednesday.

The airport, which received the aerodrome licence from aviation safety regulator DGCA on Tuesday, is being developed in multiple phases.

The project is being implemented by Navi Mumbai International Airport Ltd, in which Adani Group has a 74 per cent stake and the remaining 26 per cent is with the Maharashtra government's land development authority CIDCO.

Navi Mumbai International Airport will be the second airport in the Mumbai Metropolitan Region and its airport code is 'NMI'. The project is being developed in five phases.

Once fully completed, the airport will be able to serve 90 million passengers and manage 3.2 MMT of cargo each year, making it one of the largest aviation hubs in Asia.

Currently, there are 162 operational airports in the country, according to latest information from the civil aviation ministry.