Adani Group Chairman Gautam Adani on Friday announced that the conglomerate is preparing for a capital expenditure of nearly $100 billion over the next five years — a commitment he described as “unprecedented in India’s private sector history.”

Speaking at the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery – Asia Pacific (SMISS-AP), Adani said, “It is with this conviction that we are preparing for our capital expenditures investment of nearly $100 billion over the next five years.”

“The scale and pace of this investment and its commitment [is] unprecedented in India’s private sector history. As we do our part for strengthening the very spine of India’s rise, a spine that must be unbreakable, a spine that must carry 1.4 billion dreams, a spine that tells the world that India’s rise is inevitable,” he added.

In a deeply personal and metaphor-rich address, Adani spoke of resilience, entrepreneurship, and India’s transformation since the 1991 liberalisation reforms.

Source: Economictimes