Asia's richest person Gautam Adani is working on a plan to invest $ 150 billion in the country. Adani Group plans to invest $ 150 billion in Green Energy, Data centers, airports, and Healthcare along with many more sectors. Adani Group's dream behind this is to achieve a valuation of $1 trillion.
Big investment in a few years
It is known that Jugeshinder Singh 'Robby', Chief Financial Officer (CFO) of Adani Group has given this information at an event organized by Ventura Securities in New Delhi. Describing the company's expansion plans, Jugeshinder Singh said that the group is going to make major investments in the next few years in green hydrogen, transmission, transport, airport, green energy, and healthcare sectors.
so much investment
Jugeshinder Singh says that in the next 5 to 10 years, the Adani Group will do $ 50 to 70 billion in the green hydrogen business and $ 23 billion in the green energy sector, $ 7 billion in the electric transmission sector, $ 12 billion in the transport sector and $5 billion in the green energy sector. Going to invest in the road sector. He also said that the Adani Group is going to invest $6.5 billion in data centers in collaboration with Edge ConneX. Also, the group is working on a plan to invest $ 9-10 billion in airports and $ 7 to 10 billion in the healthcare sector in collaboration with the Adani Foundation.
$1 trillion target
Let us tell you that the market valuation of Adani Group was about $ 16 billion in the year 2015, which has increase to $ 260 billion in the year 2022. Adani Group's wealth has increased 16 times in just 7 years. Jugeshinder Singh says that as a group we have many companies on us. Work is being done by targeting the group's valuation to be $ 1 trillion.