At the organization’s annual shareholders meeting, India’s richest man, Gautam Adani, said that the group will invest $70 billion in a new energy sector that will transform India from a net importer of oil to an exporter of green hydrogen.
Here is what Gautam Adani said:
-We have never halted or abandoned investments in India.
-According to Adani, the group is now the country’s largest airport operator and has entered the cement market with the acquisition of Holcim.
Gautam Adani states that his company has never halted or abandoned its investments in India, spending USD 70 billion on the new energy industry.
-Although we’ve been lectured about climate change, we’re one of the few nations that has increased its renewable energy footprint despite COVID and the energy crisis. We did so at a time when many wealthy nations halted their pursuit of renewable energy objectives.
-We entered areas ranging from data center, digital super applications, and industrial clouds to defence & aerospace, metals & minerals, in accordance with the government’s Atmanirbhar Bharat goal.
-Our combined group market capitalization surpassed USD 200 billion this year.
