India's largest ever inbound acquisition!!!
Giving information, gautam adani, Chairman of adani Group, said that the market cap of the group has now reached $ 260 billion, which has grown faster than any company in India. In a speech given at an event to mark the completion of the acquisition of ACC-Ambuja Cements on september 17, adani said that this acquisition is India's biggest ever inbound acquisition in the infrastructure sector. Which was completed in a record time of four months.
Group set a target of cement production
Gautam adani said that I also believe that adani Group's ability to increase operational efficiency is second to none and we will benefit from the lessons learned from the many acquisitions we have made over the years. As a result, we are expecting significant margin expansion to become the most profitable cement manufacturer in the country and we anticipate going up to 140 million tonnes.
Adani becomes the world's largest solar energy company
On the expansion of adani Group, gautam adani said that we are now the world's largest solar energy company and are leading the greening of India. We are also a leader in global green hydrogen with a commitment of $70 billion to this business. We are the largest airport operator in the country with 25 per cent passenger traffic and 40 per cent air cargo. adani said that the group's financial position is stronger than ever and we are raising billions of dollars from international markets and strategic partners to further accelerate our growth.
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