Adani Group To Invest $10 Billion In US - Billionaire Gautam Adani's Announcement

Billionaire Gautam Adani, on Wednesday, said that the Adani Group will invest $10 billion in the US energy security and infrastructure projects. Adani, Chairman of the Adani Group said that the move will create 15,000 jobs in the US. He also congratulated Donald Trump on his return as the US President.

“As the partnership between India and the United States deepens, the Adani Group is committed to leveraging its global expertise and invest $10 billion in US energy security and resilient infrastructure projects, aiming to create up to 15,000 jobs (sic),” Adani said in a post on X. The announcement comes months after Donald Trump was elected as the President of the United States. He is slated to take oath as the 47th President of the United States on January 21.

Gautam Adani congratulates Donald Trump

“If there is one person on Earth who stands as the embodiment of unbreakable tenacity, unshakeable grit, relentless determination and the courage to stay true to his beliefs, it is Donald Trump,” Adani had said while congratulating Trump on his victory. 

Adani Enterprises raises Rs 4,200 crore through QIP route

Earlier during the day, Gautam Adani hosted ambassadors from the EU, Belgium, Denmark and Germany at the world’s largest renewable energy park in Khavda.  In the recently announced quarterly results, Adani Enterprises' revenue increased by 14% to Rs 49,263 crore. While the company's EBITDA increased by 47% to Rs 8,654 crore, the profit before tax increased by 137% to Rs 4,644 crore. In a separate development, Adani Enterprises Limited raised Rs 4,200 crore through the Qualified Institutional Placement (QIP) route.