Adani Group Plans Massive Capex Increase to Rs 1.3 Tn in FY25

26 Jun 2024 CW Team

The Adani Group, led by billionaire Gautam Adani, is set to nearly double its capital expenditure (capex) in the fiscal year 2025. The group plans to increase its capex from Rs 700 billion in FY24 to a staggering Rs 1.3 trillion. This substantial boost aims to support the conglomerate's ambitious growth plans across various sectors including energy, infrastructure, and logistics.

This decision comes amidst a period of robust performance for the Adani Group, with its EBITDA for 2023 rising by 34% to Rs 790 billion. The group's portfolio spans a diverse range of industries from renewable energy to transportation infrastructure, reflecting its strategy to expand its footprint both domestically and internationally.

The significant increase in capex is expected to enhance the group?s capabilities in key areas such as green hydrogen production, solar module manufacturing, and the expansion of its logistics and transportation infrastructure. Additionally, Adani Ports & SEZ aims to handle more cargo, boosting operational capacity and efficiency.

Overall, the Adani Group?s aggressive investment strategy underscores its commitment to driving growth and maintaining its position as a leading player in India?s economic landscape.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..