Multiple new investments by Adani; $1-trillion-club aim

With intentions of entering the $1-trillion-valuation club, the Adani Group is ready to invest $150 billion in multiple forums of businesses, while expanding the existing ones. $50-70 billion in hydrogen business, $23 billion in green energy, $7 billion in electricity transmission, $12 billion in transport utility and $5 billion in roadways, are the future plans of the group, according to CFO Jugeshinder ‘Robbie’ Singh. New ventures include data centre business with investments $6.5 billion, airports with $9-10 billion and petrochemicals with $2 billion.

Read More at The Times of India

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Vishvasni Chand

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