India's Adani Group to invest over $100b in next decade

Published: September 27, 2022 13:32:25 | Updated: September 27, 2022 17:02:27

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India on April 13, 2021 — Reuters/Files

India's Adani Group will invest more than $100 billion in the next decade, Chairman Gautam Adani, the world's second-richest person, told a Forbes Global CEO Conference in Singapore, reports Reuters.

"As a group, we will invest over $100 billion of capital in the next decade," he said this week. "We have earmarked 70% of this investment for the energy transition space. We are already the world’s largest solar player, and we intend to do far more."