The Sanjay Ghodawat Group has set an ambitious goal for the decade, outlining a plan to push its consolidated revenue to nearly fifteen thousand crore rupees by 2030. A significant share of this growth is expected to come from aviation, where its airline Star Air is projected to contribute about six thousand crore rupees as it scales its network and fleet.
Managing Director Shrenik Ghodawat said the group has reached a current topline of around three thousand five hundred crore rupees across its businesses, which span aviation, FMCG, education, textiles, real estate, and retail. The aviation vertical alone closed the last financial year near six hundred and fifty crore rupees. To accelerate this business, the company is preparing an investment plan of five hundred crore rupees over the next two years.
Ghodawat noted that Star Air will continue to operate as a regional, low-cost carrier and does not intend to shift to a full-scale budget airline model. He said the biggest competition in regional markets still comes from trains and buses, and that most of the airline’s network continues to be supported by the government’s Udan scheme. Over the next few years, the airline aims to tilt its mix toward commercially viable routes, moving from the current sixty-five percent Udan share to a network where commercial operations account for nearly seventy percent.
The group is preparing several verticals for the public markets within a two-to-five-year window. Star Air has already secured one hundred and fifty crore rupees as part of its series B round from a set of marquee investors, with another two hundred crore rupees expected next year.
In parallel, the FMCG arm, which brings in about fifteen hundred crore rupees in revenue, is targeting three thousand crore rupees within five years. The education business aims to grow from nearly three hundred crore rupees today to one thousand crore rupees by the end of the decade, forming part of the group’s broader vision of achieving five times growth across key portfolios.
