Gautam Adani, Chairman of Adani Group, on Monday said Group’s focus is on creating long-term sustainable value, Consumption by India’s middle class will help create a $15-trillion economy in two decades and give businesses opportunity for growth, while he rejected ‘reckless, irresponsible reporting’ about the company’s shareholding in June.
Adani, who was addressing shareholders of the group’s flagship, Adani Enterprises, stated that it should not be doubted that India can accomplish its goal of $5 trillion economy in four years.
He said, “I personally see it as an inconsequential question. History has shown that, out of every pandemic crisis, there emerges several learnings – and I believe that India and the world are wiser as we go through this pandemic.”
He added “India will be 5 trillion-dollar economy and then go on to be a 15 trillion-dollar-plus economy over the next two decades. India will emerge as one of the largest global markets, both in terms of consumption size and market cap.”