Adani Group plans to invest Rs 2 lakh crore annually in greenfield infrastructure over next five years: Karan Adani
New Delhi [India], March 13 (ANI): The Adani Group plans to invest Rs 2 lakh crore in greenfield infrastructure projects annually over the next five years, spanning renewable energy, transmission, airports, logistics and data centres, Karan Adani, Managing Director (MD), Adani Ports and Special Economic Zone (APSEZ) has said.
Speaking at the India Today conclave here, Karan Adani spoke of the need to make India self-reliant from an energy import perspective.
Karan Adani, who is also Director, Adani Cement, noted that the ongoing crisis in West Asia has highlighted the vulnerability of global trade routes passing through key maritime choke points such as the Strait of Hormuz, the Suez Canal and the Strait of Malacca.
Karan Adani added that the infrastructure platforms built by the Adani Group are national assets that strengthen India's trade, logistics and energy security.
Speaking during a fireside conversation at the conclave that brings together leaders from politics, business, technology and culture, Adani said disruptions since 2020 -- from the Covid-19 pandemic to geopolitical conflicts -- have reshaped global trade and supply chain strategies.
Karan Adani said the Adani Group's infrastructure strategy reflects this paradigm shift. By building platforms across ports, logistics, energy and airports, the Group aims to strengthen India's capacity to support trade, manufacturing and economic growth.
According to Karan Adani, the Group's long-term aspiration is to become the country's most efficient logistics provider and among the cheapest generators of power while maintaining strong corporate governance.
Reducing logistics costs remains a key priority. Stronger integration between ports, transport utilities, airports and logistics networks can significantly improve supply chain efficiency. "Once infrastructure is built, trade follows," he said.
Karan Adani also spoke about the need to cut management layers in the Group as it has grown in size.
"Today we have a Capex plan of two lakh crores annually for the next five years....so when we look at this kind of growth that we are doing, we looked at ourselves first: What is the risk? Where are we going? Are we doing it in the right way? Are we doing it in the best excellence way? And one of the things that we realised is, it was okay when we were smaller, but now as the Group, the kind of growth that we are envisaging, it is going to be unsustainable for us to continue the way we are operating," he said.
In aviation, the Group plans to increase passenger handling capacity across its airport network from 100 million to about 200 million by 2030.
Karan Adani said many global companies are increasingly moving towards regional supply chains to improve resilience.
Looking ahead, the Adani portfolio aims by 2030 to double port capacity from 600 million metric tonnes (MMT) to 1,200 MMT, expand renewable energy capacity from 18 gigawatts to 50 gigawatts (GW), and increase thermal power generation from 17 GW to 45 GW.
He acknowledged the influence of both his parents, describing the Chairman's leadership as a constant inspiration and highlighting the stellar social work of Dr Priti Adani through the Adani Foundation in education, healthcare and sustainable livelihoods.
Answering a query, Karan Adani said the Adani Group is very focused and knows its strengths.
"If you look at the group, we are in three big verticals, if I have to club it. The first is the whole energy piece, where as a group we believe that we have to generate energy which is cheapest for the consumer. To prioritize what the government is looking from a long-term perspective. So, that's where in the energy vertical, we are fully integrated--whether it's the transmission, distribution, generation. In generation, it is thermal, we started renewable, now we are starting battery storage. So basically, we keep developing and focus on the energy that is our core competence and obviously next is the data center that we've just announced," he said.
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