India’s projected GDP growth number of 8% over this current year is very achievable. We believe our scale, our diversified business, and our track record of performance positions us very strongly to continue to perform well in a variety of market conditions. The best evidence which showcased our confidence and belief in the future – is our investment of $70 billion in facilitating India’s green transition. We are already one of the world’s largest developers of solar power. We have made also remarkable progress in several other industries over the past 12 months. In one stroke, we have become the largest airport operator in India. Around these airports that we operate today we are engaged in the adjacent businesses of developing aero-tro-polises and creating localised community based economic centres.
- Following the acquisition of Holcim’s assets in India – ACC and Ambuja Cements – we are now the second largest cement manufacturer in India. This is a classic example of our adjacency based business model at work.
- India’s projected GDP growth number of 8% over this current year is very achievable. Our combined Group market capitalization this year exceeded $ 200 billion.
- We were able to raise billions of dollars from the international markets – a direct validation of confidence in the India and Adani growth story. Rising market capitalisation has been supported by a robust and sustained growth in our cash flows.
- India’s renewable energy capacity has increased 300% since 2015Now over 75% of the surging incremental demand that India needs is expected to be met through renewable energy generation
Gautam Adani
Chairman, Adani Enterprises
Source: Adani Enterprises AGM