Gautam Adani outlines vision for India’s infrastructure at CRISIL Event

Gautam Adani, Chairman of the Adani Group, delivered a keynote address at the ‘Infrastructure – The Catalyst for India’s Future’ event hosted by CRISIL on Wednesday. He outlined his vision for India’s infrastructure development and the Adani Group’s role in the energy transition.

Mr. Adani highlighted the transformative progress in India’s infrastructure from 2014 to 2024, attributing it to effective governance and strategic policy implementation.

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“If the period between 1991 to 2014 was about putting down the foundations and building the runway, then the period between 2014 and 2024 has been about the aircraft taking off,” he said.

He emphasized the role of quality governance over the past decade in driving India’s infrastructure growth. “India’s remarkable infrastructure journey is fundamentally rooted in this government’s effectiveness in institutionalizing policy for transforming our nation’s landscape from one of challenges to one of possibilities,” he added.

Mr. Adani praised the National Infrastructure Pipeline (NIP) project, which aims to invest INR 111 lakh crore in sectors such as energy, logistics, airports, and social infrastructure by FY25, calling it a benchmark in how a government can galvanize an entire sector.

He projected that by 2032, India is expected to become a $10 trillion economy, with a cumulative infrastructure spend exceeding $2.5 trillion. He noted that 25 percent of this expenditure will focus on energy and energy transition. “The availability of green electrons will be the primary driver of a nation’s economic progress,” he said.

The Adani Group plans to invest over $100 billion in energy transition projects, including manufacturing components for green energy generation. This includes developing solar parks, wind farms, and facilities to produce electrolysers for green hydrogen.

“The next decade will see us invest more than $100 billion in the energy transition space and further expand our integrated renewable energy value chain that today already spans the manufacturing of every major component required for green energy generation,” he said.

The coal-to-ports group aims to produce the “world’s least expensive green electron,” which will become the feedstock for several sectors that must meet sustainability mandates.

“And to make this happen, we are already building the world’s largest single-site renewable energy park in Khavda, in the district of Kutch (in Gujarat). Just this single location will generate 30 GW of power, thereby taking our total renewable energy capacity to 50 GW by 2030,” he said.