Adani Group to invest $143b in next decade as India benefits from global geopolitical shifts

Adani Group chairman Gautam Adani speaking at the Forbes Global CEO Conference in Singapore on Sept 27, 2022. PHOTO: BLOOMBERG
New: Gift this subscriber-only story to your friends and family

SINGAPORE - The global economy is in uncharted waters as central banks risk recession to combat inflation and a war between Russia and Ukraine changes geopolitical realities, but India stands to gain from the turbulence.

Addressing the Forbes Global CEO Conference in Singapore on Tuesday, Mr Gautam Adani said that with fractures in the EU's economy starting to show and China increasingly isolated by the world, India is "one of the few relatively bright spots from a political, geostrategic and market perspective".

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.