Adani Group Arrived on a Visit to Kazakhstan
With the support of "NC "KAZAKH INVEST" JSC and the Embassy of Kazakhstan in India, the first visit of the Indian conglomerate Adani Group to the Republic of Kazakhstan took place. At a meeting with the leadership of the national company, the parties discussed the priority areas for the implementation of potential projects.
The Indian delegation included CEO of Adani Group - North America and Chief Technology Officer of Adani Group Mr Sudipta Bhattacharya, Senior Vice President of Strategy Mr Sandeep Mehta, as well as Heads of Business Development and Strategy Mr Rishabh Dev and Mr Mohanasundaram Natarajan, Senior Manager Mr Shubham Gupta.
Sudipta Bhattacharya during his speech thanked KAZAKH INVEST for organizing the visit and warm welcome, and expressed deep interest in investment cooperation with Kazakhstan.
“Adani Group is one of the fastest growing companies in India with leadership positions in a number of key industries. We have great interest in countries with high potential, markets that, according to our estimates, will become leaders in the next 10-20 years. That is why we paid attention to Kazakhstan. In this regard, we ask KAZAKH INVEST to become an "investment guide" for us in a new country. Thanks to your help, we look forward to a very serious fruitful work. The potential for the continued building of infrastructure in your lovely country is amazing and exciting and we are grateful for the support provided” said Adani Group's Chief Technology Officer.
In turn, Deputy Chairman of the Board of KAZAKH INVEST Zhandos Temirgali said that the company will fully support the implementation of Adani Group's projects in Kazakhstan: “Your visit is taking place at a favorable time for the implementation of new projects. Entering the market of Kazakhstan, due to its geographical location and international economic relations, foreign investors get access not only to the domestic market, but also to foreign markets. We see high synergy in cooperation with Adani Group in such sectors as transport and logistics, infrastructure, mining and metallurgical, renewable energy etc. Our aim is the systematic deepening of bilateral investment cooperation, as proof of which is the presence of Olzhas Alipbayev - representative of KAZAKH INVEST in India. Our company will make every effort to make your first visit to Kazakhstan as productive as possible”.
In addition, during the visit, meetings are planned with heads of state bodies, subjects of the quasi-public and private sectors.
Reference:
Adani Group is an Indian conglomerate founded in 1988 by Mr. Gautam Adani and headquartered in Ahmedabad, Gujarat. The creator and owner of the conglomerate, Gautam Adani, is ranked 4th in the list of the richest people in the world according to Forbes magazine.
In April 2022, the Group's total market capitalization exceeded $225 billion. The Group's annual revenue is over $20 billion, with a presence in over 50 countries and over 23,000 employees.
Adani Group consists of 7 publicly listed companies covering energy, ports and logistics, mining, gas, as well as airports, data centers, etc.
