Even though Gautam Adani is the second richest businessman in Asia, his debt is no less. According to the report, Adani Group has a debt of Rs 2.6 lakh crore. Adani Group has made preparations to reduce this. Adani Group is working with great planning to reduce its debt. Whose information has been given by none other than Group Chief Financial Officer Jugeshinder (Robbie) Singh. Apart from this, he has also talked openly about buying the assets of Sahara Group and investing in the business. Let us also tell you what he has said about this.
Big statement on debt
Adani Group said on Friday that it has set a target of keeping the total debt on its books up to Rs 1 lakh crore by 2030. In terms of risk, the group stressed that it wants to be in a position such that its growth plans are not dependent on any capital access. Adani Group Chief Financial Officer Jugeshinder (Robbie) Singh said at the fifth edition of Trust Group’s India Debt Capital Market Summit 2025 that the group is of the view that Indian infrastructure should primarily be owned by India. When asked about Adani Group’s debt, Singh said that our target is around Rs 1 lakh crore. He said that this should happen by 2030. There are some things that the company has to sort out, on which it will work with its banking partners.
Investment of Rs 1.5 lakh crore every year
Singh said that I think in terms of risk, we want to be in such a position that our growth plan does not depend on us having access to any capital. This does not mean that we will not take capital. It just means that when we make our plan, because of the scale of our plan, approximately we will invest in new assets worth Rs 1.5 lakh crore every year for the next six years.
Will the group buy Sahara’s assets?
Regarding the assets of the troubled Sahara Group, he said that we are very rarely involved in any litigation, we will not be, but we are very interested in it. Some properties are specially designed and are in the nature of real estate. This will be fine for us. There is a proposal to sell the assets of Sahara Group to Adani Group. However, Singh said that Adani Group will have to find some way out because these properties are involved in litigation. According to sources, Adani Group has a total debt of Rs 2.6 lakh crore. The annual operational profit of the group companies is Rs 90,000 crore and cash is Rs 60,000 crore.
Leave a Reply