Airports, roads, ports and now 5G: Adani group's expansion rolls on

The Adani group's foray into the 5G space comes on the back of a massive expansion spree

The seven listed companies of the group have expanded across various infrastructure sectors — from airports and roads to ports. The flagship company, Adani Enterprises, is incubating new businesses like airports. Separately, the Adani family has won the bid to acquire Ambuja Cements for $10.5 billion.

Adani Enterprises is incubating airport, data centre, defence and aerospace, road, and metro and rail projects. In June, Kutch Copper, a subsidiary of Adani Enterprises, set up a greenfield copper refinery project to produce 1 MTPA (million tonnes per annum) in Mundra. The firm has achieved financial closure of ~6,071 crore for the first