Ahmedabad: Addressing the 20th Forbes Global CEO Conference, Adani Group Chairman Gautam Adani announced that the company will make a capital investment of 100 billion dollars in the next 10 years. India has recently become the fifth largest economy in the world. And also the fact that India is on track to become the third largest economy in the world by 2030. We are committed to investing $70 billion in an integrated hydrogen-based value chain.
- We commit to invest $70 billion in integrated hydrogen-based value chain: Adani
- Three million metric tons of green hydrogen will be commercialized
- Adani Group is the largest airport operator in the country with 25% passenger traffic and 40% air cargo.
- Most valued FMCG company after Adani Wilmar’s IPO
In addition to Adani Group’s existing 20 GW renewable portfolio, the new business will be augmented by another 45 GW of hybrid renewable power generation spread over 100,000 hectares, an area 1.4 times that of Singapore. As a result, three million metric tons of green hydrogen will be commercialized. Adani Group is the largest airport operator in the country with 25% passenger traffic and 40% air cargo. It is the largest ports and logistics company in India with a 30% national market share.
India’s largest integrated energy player spanning power generation, transmission and distribution, LNG and LPG terminals, city gas and piped gas distribution. We are the highest valued FMCG company following Adani Wilmar’s IPO. The company has revealed our future forays into new sectors including data centers, super apps, industrial cloud, aerospace and defense, metals and petrochemicals. With a market cap of $260 billion, it has grown faster than any company in India.