Adani Group's Bold Debt Reduction Strategy
The Adani Group has announced an ambitious financial roadmap, targeting to bring its consolidated debt level down to approximately Rs 1 lakh crore by 2030. This strategic move comes as the conglomerate emphasizes minimizing its reliance on fresh capital raising for future expansion.
CFO Reveals Infrastructure Vision
Speaking at the Trust Group's 5th India Debt Capital Market Summit 2025, Adani Group CFO Jugeshinder (Robbie) Singh articulated the company's long-term vision. "About Rs one lakh crore is our target," Singh stated when questioned about the group's debt plans. He further clarified, "Ideally it should be by 2030… but certainly by 2030."
Singh emphasized the group's fundamental belief that Indian infrastructure must be primarily owned by India, noting that their balance-sheet strategy completely aligns with this patriotic approach.
Addressing Structural Market Challenges
The Adani Group is actively collaborating with banks and its internal treasury to tackle structural issues within India's debt markets. Singh highlighted a critical gap in the current financial landscape: "Today, there is depth in the availability of funds, but there is no depth in market making. So we need to create that depth. Initially we will have to help ourselves, but we will do it."
This proactive stance demonstrates the group's commitment to not only strengthening its own financial position but also contributing to the development of India's capital markets.
Massive Investment Plans Despite Debt Reduction
Despite the focus on debt reduction, the Adani Group plans substantial investments in new assets. Singh revealed, "From a risk perspective, we want to be in a position where our growth plan is not dependent on us accessing any capital… roughly, we will invest new assets of Rs 1.5 lakh crore a year over the next six years."
The group's existing financial position appears robust, with sources indicating that their current debt of Rs 2.6 lakh crore is supported by Rs 90,000 crore in annual operating profit and Rs 60,000 crore in cash.
Interest in Sahara Group Assets
Addressing speculation about the group's potential interest in distressed Sahara Group assets, Singh provided clarity: "We are hardly involved in any court case whatsoever… but we are very much interested because some of the assets are tailored and of real estate continuous nature. It will make sense for us."
However, he acknowledged the complexities involved, noting that pathways must be established since the assets remain under ongoing litigation.
The Adani Group's comprehensive strategy reflects a careful balancing act between aggressive growth ambitions and financial prudence, positioning the conglomerate for sustainable long-term development in India's infrastructure landscape.
