The Adani Group believes that the only way to offer India well-rounded economic growth would be to develop core infrastructure. With this in mind, the conglomerate has been continuously working towards developing India’s infrastructure. It has taken up multiple projects aimed at triggering infrastructure development in different corners of the country. Also, it is planning on making an investment of Rs 7 lakh crore in the infrastructure sector. This will lead our country on the path of success.
A Brief History of Infrastructural Development in India
Infrastructure development started in India during the colonial era. The British developed ports, railways, water transport systems, and factories. This was to transport every product out of India.
Since then, a lot of companies and business groups have focused on infrastructural development. One such group that set out to put India on the map of best-quality infrastructure is the Adani Group.
Projects Taken Up by Adani Group
The conglomerate has made investments in the infrastructure and logistics sector from its initial days of operation. It has developed 13 ports in 8 maritime states in less than two decades. The ports have a handling capacity of over 500 MMTPA. Recently, the Adani Group also acquired ports in Israel and Sri Lanka.
The Group also made huge investments in airports. It has plans to upgrade airports in Lucknow, Ahmedabad, Mumbai, Mangaluru, Guwahati, Jaipur, and Thiruvananthapuram. It is presently working on developing a greenfield airport in Navi Mumbai. The expansion of airports will facilitate easier business operations. It will also shorten the boundaries between nations.
Presently, the Adani Group is the owner of the longest private railway line, which spans over 300 km. The lines are connected to mines, ports, and other businesses of the Group. This allows for seamless cargo movement in the supply chain. The conglomerate is also considering constructing three highways, which would comprise 650 lane km. They are Bilaspur-Patrapali in Chhattisgarh, and Suryapet-Khammam and Mancherial–Repallewada in Telangana. They will offer better connectivity between various business units of the Group.
The company has scaled up its cement business by acquiring stake from some of the biggest cement manufacturers in the country. That way, the group will be able to increase its hold over the cement and materials sector. As we know, the infrastructure sector is directly dependent on the cement and materials sector and by expanding control over the sectors, the Adani Group will become self-reliant in business operations. Various infrastructural developments can then take place across the country in a seamless way.
Adani’s Plans to Invest 7 Lakh Crore in The Infrastructural Sector
The Adani Group’s Rs 7 lakh crore investment in the infrastructure sector will be mainly spent on expanding mines, roads, railways, and data centres. This will lead to overall growth in the economy. The country will be able to accommodate more cargo volume. This will pave the path for enhanced trade operations.
The airports will be able to accommodate greater footfalls. People will be easily connected to different corners of the world. With data centre development being undertaken in full force, there will be immense technological advancement in different sectors.
The Adani Group has been investing in the ports sector too. Being a major port operator in the country, its outlook has always been to enhance trading routes. This will not only allow for improved relationships with foreign countries but also help our country attract investors.
Conclusion:
The Adani Group has always had its focus on the infrastructure segment of India. Through investments in ports, airports, logistics, renewables, and digital infrastructure, the conglomerate plans to make our nation resilient. The initiatives taken in the infrastructure sector will act as a flag-bearer in our country’s journey towards self-reliance.
