Adani Group is poised to significantly escalate its planned investments in the upcoming fiscal year, concluding in March 2025. The conglomerate is anticipated to deploy over ₹1.2 lakh crore (equivalent to approximately $14 billion) across its diverse portfolio, with a particular emphasis on sustainable and renewable energy initiatives.
The Adani Group, founded by Gautam Adani, is a multinational conglomerate headquartered in Ahmedabad, India. Established in 1988, it has a diversified business portfolio, including resources, logistics, energy, and agribusiness. The group is known for its ambitious projects in renewable energy, ports, and infrastructure, contributing significantly to India’s economic growth.
These investments are earmarked for various sectors within the portfolio, encompassing energy, airports, commodities, cement, and media. The projected investments represent a substantial 40% increase over the current fiscal year’s outlay. As of March 31, this year, it is estimated that the Group will have undertaken a capital expenditure of around USD 10 billion.
Demonstrating steadfast commitment, the company has reaffirmed its ambitious $100 billion investment target for the next 7-10 years. Notably, Adani Group intends to allocate a significant portion, up to 70%, of the ₹1.2 lakh crore for green energy ventures, encompassing renewable power, green hydrogen, and eco-friendly evacuation projects.
The remaining 30% is earmarked for expanding its airports and ports businesses, signaling a comprehensive strategy towards sustainable growth and development. The Adani Group recently announced a significant investment plan exceeding ₹60,000 crore in its airport business over the next 5-10 years.
Karan Adani, the Managing Director of Adani Ports and Special Economic Zone Ltd, revealed that the company intends to allocate half of this investment towards enhancing terminal and runway capacity over the next five years. The remaining funds will be dedicated to the development of city-side infrastructure for airports over the subsequent 10 years.
Adani expressed optimism about the future, anticipating that non-metro cities will increasingly serve as direct global connectivity hubs, improving both domestic and international travel options. The group aims to capitalize on the growing demand in the aviation sector by doubling its airport capacity by 2040.
Currently serving 110 MPA, Adani plans to triple this capacity. Upcoming projects include the inauguration of a new terminal in Lucknow, the opening of Navi Mumbai airport by next March, and the construction of new terminals in Guwahati, Ahmedabad, and Jaipur. The group envisions a combined capacity of approximately 300 MPA by 2040.
