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Our group’s combined market cap exceeds $200 billion, says Gautam Adani

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Gautam Adani, Chairman, Adani Grouphas said the Group’s combined market capitalization exceeded $200 billion this year.



“We were able to raise billions of dollars in international markets, a direct confirmation of confidence in the… India and Adanic growth story. Our growth and success are recognized around the world. Several foreign governments are now approaching us to work in their regions and help build their infrastructure. That is why, in 2022, we have also laid the groundwork to pursue wider expansion beyond India’s borders,” he said at the Annual General Meeting (AGM) of Adani Enterprises Limited (AEL).

Adani Group’s success is based on its alignment with India’s growth story, and it is my strong belief that there is no other country as well positioned as India, said Gautam Adani.

“The best evidence demonstrating our confidence and belief in the future is our $70 billion investment in facilitating India’s green transition. We are already one of the world’s largest solar developers. renewables will empower us enormously to make green hydrogen the fuel of the future.We are leading the race to change India from a country overly dependent on oil and gas imports, into a country that could one day become a net exporter of clean energy.

“While we now have a large global renewable energy portfolio, we have also made remarkable progress in several other industries over the past 12 months, becoming the largest airport operator in India in one fell swoop.

“Around these airports that we operate today, we are involved in the adjacent businesses of developing aero-tro policies and creating localized, community-based economic centers. We continue to grow as builders of India’s infrastructure and gain some of the the largest road contracts in the country and increasing our already significant market share in things such as ports, logistics, transportation and distribution, town gas and natural gas through pipelines.

“Our successful IPO of Adani Wilmar makes us the largest FMCG company in the country. And following the acquisition of Holcim’s assets in India, including two of the most recognized brand names in the entire country, ACC and Ambuja cements, we are now the second largest cement producer in India. This is a classic example of our proximity-based business model at work. In addition, we also made entries in sectors ranging from data centers, digital super apps and industrial clouds to defense and aerospace, metals and materials, all in line with the government’s vision of an Atmanirbhar Bharat,” he says.

Gautam Adani said the group’s rising market capitalization was supported by robust and continued growth in our cash flows.

“Our focus on operational excellence in our portfolio and the expansion of capacity addition delivered EBITDA growth of 26 percent. Portfolio EBITDA was Rs 42,623 crore. This diversified growth was reflected across all our businesses. Our utility portfolio grew by 26 percent. percent, our transportation and logistics portfolio grew 19 percent, our FMCG portfolio grew 34 percent and Adani Enterprises Limited, our incubator business, grew 45 percent.AEL’s unique business model is second to none and we plan to take further advantage of this to make .”

AEL’s strong growth provides the Group with a reliable basis for further development of new businesses for another great decade.

“While we look back and are pleased, it is only now that we are gaining real momentum. What we have been able to achieve in two decades is to become India’s largest integrated infrastructure company based on rapid expansion into neighboring companies. This has resulted in our transformation into an integrated ‘platform of platforms’ that combines an energy platform with a logistics platform, helping us both with unprecedented access to the Indian consumer I know of no company today with such a unique business model with potential access to an unlimited B2B and B2C market for decades to come,” said Gautam Adani.

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