Adani Group Chairman Gautam Adani on Tuesday said “India’s future cannot wait” as he outlined the conglomerate’s vision for the next decade, defended the group’s resilience amid heightened scrutiny, and announced organisational changes aimed at speeding up execution and improving accountability.
Speaking at the Adani AGM, Adani said the group remained focused on nation-building despite facing challenges over the past year.
“However, we did not bend. We did not pause. Because what we have always been defined by is not the noise that surrounds us, but the strength of our response,” Adani told shareholders.
Calling the Rs 25,000 crore rights issue a “referendum on our credibility”, Adani said investors had reaffirmed their faith in the group at a time when “some tried to create doubt”.
“This was more than a capital event. I saw it as a referendum on our credibility. It was one of the largest rights issues in the history of India,” he said.
The billionaire industrialist said the theme of this year’s address was “accelerating infrastructure, leveraging intelligence”, arguing that the two had become inseparable drivers of economic growth.
“Infrastructure gives a nation muscle. Intelligence gives a nation mastery. And today, the two are inseparable,” Adani said.
He added that the group was building an integrated infrastructure platform spanning energy, transport, logistics, utilities and industrial manufacturing, while also investing in data centres, artificial intelligence, automation and digital systems.
Highlighting the group’s investments, Adani said it made a record capital expenditure of more than Rs 1.5 lakh crore in FY26.
“To put that in perspective, this represented over 30% of India’s total new private sector capital expenditure of the year,” he said.
He also highlighted expansion plans across businesses, including a Rs 72,000 crore transmission order book at Adani Energy Solutions and a Rs 2 lakh crore power expansion programme at Adani Power aimed at reaching 45 GW capacity over the next five years.
Adani said the “next chapter” of Adani Enterprises would be built on three foundational changes.
The first is simplifying the organisation through a three-layer structure to reduce bureaucracy and bring decision-making closer to execution.
The second involves changing the group’s engagement model with contractors.
The third, and most important, is placing worker dignity at the centre of the company’s transformation efforts.
“We are placing worker dignity at the heart of our transformation. Across our own and contracted workforce of nearly 4 lakh people, almost 85% work on the ground at our sites,” he said.