ADANI GROUP SET TO INVEST $14 BILLION, FUELING FUTURE GROWTH IN FY25
The Business Guardian|March 18, 2024
The group had previously guided a 100 billion capex over the next 7-10 yrs. Most of this investment is going to go into group fasterowing businesses airports, renewable and green hydrogen
NIVEDITA MUKHERJEE
ADANI GROUP SET TO INVEST $14 BILLION, FUELING FUTURE GROWTH IN FY25

Adani Group is gearing up to invest more than Rs 1.2 lakh crore (approximately USD 14 billion) across a diverse range of sectors including ports, energy, airports, commodities, cement, and media in the fiscal year commencing 1 April. This strategic move reinforces the company’s commitment to doubling down on its USD 100 billion investment vision over the next 7-10 years, sources indicate. The projected capital expenditure for the 2024-25 (April 2024 to March 2025) fiscal year marks a substantial 40% increase compared to estimates for FY24. Analysts estimate that the portfolio incurred approximately USD 10 billion in capital expenditures during FY24, which concludes on March 31.

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The Business Guardian

Zirakpur reports 22 dengue and 14 malaria cases in one week

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The Business Guardian

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The Business Guardian

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The Business Guardian

Eye Donor Yashpal Gupta's Family Honored by Lions Club

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Rivaaj Jewelers opens First Zirakpur outlet
The Business Guardian

Rivaaj Jewelers opens First Zirakpur outlet

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Railway ticket-checking team reunites missing girls with families
The Business Guardian

Railway ticket-checking team reunites missing girls with families

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The Business Guardian

PUCA seeks extension from Supreme Court for technical college admissions deadline

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The Business Guardian

Punjab Mid-Day Meal Society implements new data entry guidelines for schools

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The Business Guardian

Former student leader accuses jail administration of misbehaviour

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The Business Guardian

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