Adani makes major $14 billion investment in FY25

Adani Group is reportedly doubling its $100 billion investment forecast over the next seven to ten years to expand its business. The projected capital expenditure for fiscal year 2024-25 is expected to be 40 percent higher than previous estimates, reaching around $10 billion. This significant increase in investments is aimed at creating conditions for exponential profit growth.

The majority of the planned investments will be directed towards fast-growing corporate sectors such as renewable energy, green hydrogen, airports, and ports. Up to 70 percent of the investments will go into the group’s green portfolio, emphasizing a commitment to sustainable practices. The recent financial performance of Adani’s portfolio has shown strong growth, with record EBITDA growth and a decrease in net debt.

Adani Group, led by chairman Gautam Adani, has grown from a school dropout to Asia’s richest person, with a diverse empire spanning various sectors. The company’s focus on green energy transition will lead to major investments in renewable energy projects, including the world’s largest renewable park in Gujarat. The remaining portion of the planned investments will be allocated to expanding the airport and port businesses, further solidifying Adani Group’s position as a key player in the industry.

Source .