Adani Group is planning to invest Rs seven trillion rupees (nearly USD 84.00 billion) on infrastructure projects over the next decade. The port-to-power conglomerate operates private ports and is also engaged in developing and managing several airports and roads.
During an annual address to shareholders in July this year, Adani Group announced expansion targets across its ports, energy and infrastructure businesses.
Gautam Adani-led Group will also decide on divesting its stake in Adani Wilmar, its joint venture (JV) with Singapore's Wilmar International, in the next three months. The Group holds a 44 percent stake in the JV and has been considering a potential stake sale for a few months.