Adani Group to reduce debt to ₹1L crore by 2030
What's the story
Adani Group has announced its ambitious plan to bring down its total debt on the books to ₹1 lakh crore by 2030. The announcement was made by Jugeshinder (Robbie) Singh, the Chief Financial Officer of the conglomerate, at Trust Group's 5th India Debt Capital Market Summit 2025 in Mumbai. He emphasized that the group's growth strategy should not rely on external capital access.
Infrastructure ownership
Stance on Indian infrastructure ownership
Singh also reiterated the Adani Group's firm belief that Indian infrastructure should be primarily owned by Indians. This statement reflects the company's commitment to promoting domestic ownership and investment in India's infrastructure sector. He further clarified that while they do not want their growth plans to depend on capital access, it doesn't mean they will avoid seeking capital altogether.
Investment strategy
Investment plans and market depth
Singh revealed that the Adani Group plans to invest around ₹1.5 lakh crore annually over the next six years. He said, "From a risk perspective, we want to be in a position where our growth plan is not dependent on us accessing any capital." However, he added that they would still seek capital when necessary due to the scale of their plans.
Asset acquisition
Interest in distressed Sahara Group assets
On the topic of distressed Sahara Group assets, which have been proposed for sale to the Adani Group, Singh expressed interest. He said, "We are hardly involved in any court case, whatsoever," but added that they are very much interested in the assets because some of them are tailored for real estate continuous nature. However, he noted that they need to find pathways as these assets are under litigation.