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Gautam Adani unveils infra push
Jun 25 2026 5:24PM
Adani Group Chairman Gautam Adani on June 24 unveiled an aggressive expansion plan, covering physical infrastructure and digital intelligence, to align the conglomerate with India's growth goals and energy security needs.

Adani described physical infrastructure and digital intelligence as the “twin engines” of modern economic muscle. The conglomerate plans to double down on its infrastructure push by pumping capital into physical assets, including power networks, deepwater ports, cement plants, gas utilities and airports, and digital infrastructure such as its data centre.

The group deployed more than Rs 1.5 lakh crore in FY26 on "hard infrastructure", Adani said at the group’s  34th annual general meeting, the first of the seven to be held through June 26.

"To put that in perspective, this represented over 30 percent of India’s total new private-sector capital expenditure for the year. For us, this is more than a financial number. It is a statement of belief and there can be no stronger testimony to our commitment to nation-building than the scale at which we continue to invest in the infrastructure that will power India’s next chapter," Adani said.

The group's consolidated revenue stood at Rs 2.92 lakh crore, growing 7.4 percent in FY26. EBITDA reached Rs 94,834 crore, with the net debt-to-EBITDA ratio at 3.3x. Profit grew by 14 percent to Rs 46,376 crore, while the group's cash flow stood at Rs 67,995 crore.

He added that the group is looking to simplify its operations to put in place a three-layer structure at its headquarters and sites to reduce bureaucracy. Non-core functions, he said, will move to GCCs or external partners.

In his address, themed "Accelerating Infrastructure, Leveraging Intelligence", Adani said group flagship Adani Enterprise's Rs 25,000-crore rights issue in December 2025 was a "referendum on our credibility".

"It was one of the largest rights issues in the history of India Inc and your response was very clear. At a time when some tried to create doubt, you answered with conviction, you responded with participation and you provided us the mandate to help keep building India," Adani said.

He highlighted key operational milestones across the conglomerate, including grid expansion by Adani Energy Solutions and an ramping up of conventional capacity expansion by Adani Power to 45 GW, backed by a Rs 2 lakh crore investment. He also spoke about entering the nuclear power segment through Adani Atomic Energy, targeting a 10 GW capacity by 2035.

Adani Total Gas, the group's city gas distribution arm, is also increasing capacity in piped natural gas (PNG), with the global geopolitical situation in mind, he said.

The group has been looking to expand its existing data centre business, under Adani ConneX, with the recent deal with Google for a 1 GW data centre in Andhra Pradesh being a landmark for the company.

"The binding MoU for a gigawatt-scale data centre with Google in Visakhapatnam reflects both the scale of the digital demand ahead, and the confidence that global technology leaders such as Google, Microsoft, Uber and Flipkart are placing on us," Adani said.

Among new sectors, defence and aerospace has been a key priority for the group, which has been bringing in global partners to India.

Adani said the partnerships with Leonardo and Embraer is expected to bring capabilities in helicopter and regional aircraft manufacturing in the country.