Along with turning out to be among the largest global markets in the upcoming two decades, India can become a $15 trillion economy as mentioned by Gautam Adani the chairman of Adani group as per a report released by The Economic Times.
Augmented by an increase in the working-age along with consuming population share, the largest middle class that will ever exist shall have a positive impact on India’s growth, although there might be bumps along the road, he said, addressing the annual General Meeting of the Adani group.
As mentioned by him, in the very first week of the new financial year, its portfolio was propelled by the group’s listed entities to make it cross $100 billion in market capitalization.
The chairman said that related to administrative actions of regulators, the group is few media houses indulged in reckless and irresponsible reporting, when asked on the recent reports on account of of the three FPIs holding a significant investment in Adani Company is being suspended.
Gautam Adani also mentioned that he credits their performance and resilience to the core values in which they believe as the values drive the purpose of nation-building. Creating long-term sustainable value for the minority investors their partner’s along with themselves is their focus and they are intergenerational holders of equity, Adani added.
