Billionaire with a ₹1.2 lakh crore investment plan: College dropout, he is now one of Asia's richest…

He dropped out of college to pursue business and now this billionaire is planning to invest 1.2 lakh crore rupees in his empire in just one year. Yes, we are talking about Gautam Adani, who is planning to invest this amount across Adani Group companies that range from ports to energy, airports, commodities, cement and media.

Investment in FY25

The investment will be made in financial year 2024-25, as the group doubles down on its ₹8 lakh crore investment guidance over the next 7-10 years. The projected capital expenditure for FY25 is 40% higher than what the group spent in FY24.

Leaders in many sectors

Today, Adani Group runs the world's second largest solar power company. It operates India's largest airport operator with 25% passenger traffic and 40% of air cargo. It also owns the largest ports and logistics company of India, with 30% market share, largest integrated energy player, and the country's second largest cement manufacturer.

Many infra projects in pipeline

Currently, Adani Group is also handling projects like Navi Mumbai Airport, Ganga Expressway, world's largest renewable park at Khavda in Gujarat and Mundra Port. It has committed a $100 billion investment over the next 7-10 years.

Focus on green energy

Sources say Adani Group plans to allocate over 70% of this $100 billion commitment to its green businesses including renewable power, green hydrogen, and green evacuation transmission lines.