Adani Group Announces Big Investment Plans, Aims for Growth Across Businesses

Akash Kumar Mishra
2 Min Read
Adani Group

Adani Group plans to invest Rs 1.2 lakh crore (about $14 billion) during the next financial year i.e. 2024-25. This investment will be made in port, energy, airport, cement and media businesses. Sources said the group has doubled its investment plan of $100 billion over the next seven to ten years to expand business.

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The proposed capital expenditure for April 2024 to March 2025 is 40 per cent more than the estimated expenditure compared to the current financial year 2023-24. Analysts estimate the group may invest $10 billion in the current financial year ending March 31. The group’s revenue during calendar year 2023 is $9.5 billion.

There has been an increase of 34.4 per cent on an annual basis. The group’s debt decreased by four per cent from March 2023 to September 2023.

Journey From School Dropout To Asia’s Richest Man

Adani Group Chairman Gautam Adani is a school dropout. He started his business journey as a commodity trader and expanded it to ports, power generation, airports, mining, renewable energy, gas, data centres, media and cement. He also became the richest man in Asia.

Today, Adani Group is the second-largest solar energy company in the world. It is the largest airport operator in the country, with 25 per cent passenger traffic and 40 per cent air cargo—the largest port and logistics company with a 30 per cent market share.

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By Akash Kumar Mishra Co-founder and Journalist
Akash is a seasoned journalist and the co-founder of our organization. As managing editor, he oversees our editorial operations and ensures that our content is accurate, relevant, and engaging. Akash's extensive journalism experience and passion for delivering high-quality news make him an invaluable team member.