The Adani Group on Wednesday said it invested more than Rs 1.5 lakh crore in infrastructure projects during FY2025-26, with Chairman Gautam Adani claiming the spending accounted for over 30 per cent of India’s total new private-sector capital expenditure during the year.
Addressing shareholders at the Group’s 34th Annual General Meeting (AGM), Adani linked the investment push to the conglomerate’s long-term infrastructure strategy and outlined a broader organisational roadmap focused on operational reforms, contractor partnerships and worker welfare.
According to Adani, the investment was spread across sectors including energy, transport, logistics and industrial manufacturing.
“For us, this is more than a financial number. It is a statement of belief, and there can be no stronger testimony to our commitment to nation-building than the scale at which we continue to invest in the infrastructure that will power India’s next chapter,” he told shareholders.
Adani says Group continued expansion despite scrutiny
Reflecting on the past financial year, Adani described FY26 as a defining period for the Group amid a changing global environment.
“It was a year in which the world grew more fractured. Complex energy security models returned to the centre of national strategy, and technology became inseparable from sovereignty. However, even in the face of these challenges, your Adani Group remained anchored to an unwavering belief — India’s future cannot wait,” he said.
The Adani chairman also referred to the scrutiny faced by the conglomerate and said the Group continued to expand during the period.
“This progress did not come in calm conditions for us. It came in the middle of extraordinary scrutiny. However, we did not bend. We did not pause,” Adani said.
He also cited the Group’s Rs 25,000 crore rights issue earlier this year, describing it as one of the largest such fundraising exercises in India Inc.
“This was more than a capital event. I saw it as a referendum on our credibility,” he said.
Three reforms to shape Adani Group’s next decade
Alongside the investment update, Adani announced three organisational priorities that he said would guide the Group over the next decade.
The first involves restructuring operations through a three-layer management framework across headquarters and project sites. According to Adani, the move is aimed at reducing bureaucracy, increasing accountability and bringing decision-making closer to execution. He said non-core functions would be shifted either to the Group’s Global Capability Centres (GCCs) or to selected partners.
The second priority focuses on contractor relationships.
“We see them as long-term partners in nation-building,” Adani said, adding that the Group intends to build deeper partnerships that support contractor growth while aligning interests around project delivery, quality and ownership.
Worker welfare at centre of transformation agenda
The third pillar of the strategy centres on worker welfare.
Adani said nearly 85 per cent of the Group’s combined direct and contractor workforce of around four lakh people are engaged in on-ground operations.
“We are committed to ensuring that every worker is treated with dignity. This means clean living conditions, hygienic food, access to medical support, safe working environments and fair wages paid on time,” he said.
Foundation expands healthcare and skilling initiatives
The Adani Foundation currently reaches about 10 million people across 7,000 villages in 22 states, according to the chairman.
Adani said the Foundation is expanding healthcare and education initiatives as it enters its 30th year under the leadership of Dr Priti Adani.
Among the projects highlighted were a rural vision-care ecosystem in Bihar, healthcare education initiatives through Adani University of Higher Education and Research and the Gujarat Adani Institute of Medical Sciences in Bhuj, and the Adani Health City project.
The Group is developing integrated healthcare campuses in Ahmedabad and Mumbai that will include 1,000-bed multi-speciality hospitals, medical colleges, research facilities and transitional care centres.
On skill development, Adani said the organisation is currently training more than 1.25 lakh young people across rural India.
He also pointed to the adoption of Industrial Training Institutes (ITIs) in Gujarat’s Kutch region under the Karma Utsav initiative, saying the effort is aimed at generating local employment opportunities and reducing migration.