Adani Group clocks fastest-ever development
New Delhi: Gautam Adani, Chairman, Adani Group, stated the team’s market capitalization (mcap) currently stands at $260 billion – having actually expanded faster than any type of business ever before inIndia In a speech made at an occasion to note the conclusion of the ACC-Ambuja Cements acquisition on September 17, Adani stated this acquisition is India’s biggest ever before incoming M&A purchase in the framework and also products room and also enclosed a document time of 4 months.
On the stretch of the Adani team, Gautam Adani stated, “We are now the world’s largest solar power company and leading the greening of India. We are also leading the global green hydrogen story having committed $70 billion to this business. We are the largest airport operator in the nation with 25 per cent of passenger traffic and 40 per cent of air cargo.”
“We are the largest Ports and Logistics company in India with 30 per cent national market share. We are India’s largest integrated energy player spanning generation, transmission, distribution, LNG, LPG, city gas and piped gas distribution. Each of these businesses is growing at double digit rates. We have won some of the largest road contracts in the country and are well on our way to becoming the largest player in this sector. We had a grand IPO of Adani Wilmar — making us the highest valued FMCG company in the country,” Adani stated.
“Our finances are stronger than ever before, and we continue to raise billions of dollars from international markets and strategic partners to further accelerate our growth,” Adani stated.