Adani Group Financially Strong India GDP: Gautam Adani, the world’s third richest man, has expressed his views about India’s economy. Adani said that the credit matrix of his businesses is improving. Adani said in a TV interview that in the last 9 years, our profit is growing at twice the rate of our loans.
India will become a $30 trillion economy by 2050
According to Bloomberg, Adani Group Chairman Gautam Adani said in an interview that I am very optimistic about India’s progress and prosperity, India’s economy reached $ 1 trillion in 58 years after independence, while 2 trillion It took 12 years to reach $3 trillion and only five years to reach $3 trillion, the pace at which we are moving, if we continue like this, every 12 to 18 months a trillion dollars will be added and India will become a $30 trillion economy by 2050. will form.
Profit grew twice as fast as debt
Gautam Adani said that we are financially very strong and secure. Some selfish people are forcefully spreading confusion, in the last nine years our profit has increased twice as fast as the debt. This is a good thing for a large group. Adani said that in the last 9 years, the share of loans from Indian banks in the total loan portfolio has come down from 86 per cent to 32 per cent. He said, “About 50 per cent of our borrowing is through international bonds.
Recession will have no effect
Adani said that even in 2008, people were talking about economic recession in India, but it did not affect India. He said that I hope that in the next budget, attention will be paid to capital expenditure, employment and social security, so that the coming problems can be dealt with.
NDTV will be a trusted, independent, global network
When asked about NDTV, Gautam Adani said that our companies are in the hands of professional people. There is no interference in their daily work. NDTV will be an independent, reliable and global network with a fine line between management and editing.
Told Dhirubhai ideal
Gautam Adani, the richest person in India and Asia, said that he considers Dhirubhai Ambani as his role model. He said that he is a source of inspiration for millions of Indian entrepreneurs. He set up a world class business in adverse circumstances and his relation was also with Gujarat.