Daijiworld Media Network - New Delhi
New Delhi, Jun 1: Adani Group is planning to invest between $15 billion and $20 billion over the next five years across its diverse business portfolio, according to Chairman Gautam Adani. In the latest annual report of its flagship company, Adani Enterprises, the industrialist highlighted the Group’s solid financial position and resilient growth strategy despite facing multiple challenges.
“Despite facing consecutive acquisitions and intense scrutiny, Adani Group never backed down,” Adani wrote. “Instead, we recalibrated, reimagined, and emerged more formidable, unbreakable, and stronger.”
He emphasized that the Group’s goals are deeply aligned with India’s broader development ambitions. “Our conviction is anchored in clarity. Our objectives are aligned with India’s ambitions. And our strength comes from the belief you, our shareholders, place in us,” he said.
Adani stressed that every challenge has strengthened the Group’s resolve. “Every challenge sharpens our resolve. Every setback becomes a stepping stone,” he added.
Responding to criticisms, he reaffirmed the Group’s commitment to strong governance and compliance. “We live in a world where negativity often echoes louder than truth. But let me restate emphatically: our governance is of global standards, and our compliance frameworks are robust and non-negotiable,” Adani noted.
The Group’s businesses—including ports, airports, renewable energy, data centers, defense manufacturing, and city gas distribution—have all expanded significantly over the past few years.
“History should remember us not for the size of our balance sheet, but for the strength of our backbone. Not just for the markets we entered, but for the storms we handled and emerged stronger,” Adani stated.
He concluded by highlighting the Group’s achievements over the past year, marked by record revenue and profitability, describing these milestones as proof of the Group’s resilience and ambition. “The deeper truth is that these milestones reflect our relentless strength and tenacity. They are proof of a Group that dares to dream beyond constraints, powered by a nation that breathes possibility into every tomorrow ahead of us,” Adani said.