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Middle class consumption will create $15 trn Indian economy: Gautam Adani

Group's focus is on creating long-term sustainable value, says businessman

Gautam Adani
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Gautam Adani (Photo: Bloomberg)

Dev Chatterjee Mumbai
Consumption by India’s middle class will help create a $15-trillion economy in two decades and give businesses opportunity for growth, said Gautam Adani, chairman of Adani group, on Monday as he rejected "reckless, irresponsible reporting" about the company’s shareholding in June.

Adani, who was addressing shareholders of the group's flagship, Adani Enterprises, India’s target to be a five-trillion-dollar economy in four years should not be doubted. “I personally see it as an inconsequential question. History has shown that, out of every pandemic crisis, there emerges several learnings – and I believe that India and the world are wiser as we go