The Adani Group chairman stated that India's cumulative infrastructure spending would surpass $2.5 trillion by 2032, with expectations that the country would become a $10 trillion economy. He made these remarks during the 'Infrastructure: the Catalyst for India's Future' event of Crisil. Adani emphasised the importance of two emerging infrastructure sectors?energy transition infrastructure and digital infrastructure?as pivotal for both the country's future growth and the global GDP. According to Adani, "The global transition market was valued at approximately $3 trillion in 2023 and is expected to grow to nearly $6 trillion by 2030, with subsequent doubling every 10 years until 2050." He further mentioned that the Adani Group planned to invest more than $100 billion over the next decade in energy transition projects, including the manufacturing of essential components for green energy generation. Adani Green Energy is currently constructing solar and wind parks and developing facilities for manufacturing electrolysers, wind power turbines, and solar panels. Adani highlighted the energy transition and digital infrastructure as trillion-dollar opportunities that would significantly transform India both locally and globally. He stated, "The next decade will witness an investment of over $100 billion in the energy transition space, expanding our integrated renewable energy value chain, which already covers manufacturing every major component needed for green energy generation." Adani emphasised their focus on producing the "world's least expensive green electron," which will serve as the feedstock for various sectors required to comply with sustainability mandates. He outlined plans to build the world's largest single-site renewable energy park in Khavda, Gujarat, which alone will generate 30 GW of power, aiming to achieve a total renewable energy capacity of 50 GW by 2030. Regarding digital infrastructure, Adani characterised data as the new oil, underscoring the pivotal role of data centres as critical infrastructure to support computational needs, particularly for AI workloads such as machine learning, natural language processing, computer vision, and deep learning. He noted that data centres enable unprecedented speed and scale in data processing, albeit at significant energy consumption levels, thus making the data centre industry the largest energy-consuming sector globally. Adani commented, "This complexity in the energy transition is escalating electricity costs, compounding existing high prices due to the combined impact of climate change and demand growth."
