Indian tycoon Gautam Adani has announced plans to invest $10 billion into energy and infrastructure projects in the US that he claims will create 15,000 jobs.
In a post on X, the chairman of Adani Group, one of India’s largest conglomerates with market capitalization of over $200 billion, congratulated US President-elect Donald Trump on his victory in the recent election, noting that “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,” he wrote, without providing any details of the projects or timeline.
The Adani Group, founded by Gautam Adani in 1980s as a commodity trading business, has since diversified into various sectors, including conventional and renewable energy generation, ports and logistics, agribusiness, real estate, financial services, and defense. Adani is the…