India’s Adani Group revives US investment plans

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FILE PHOTO: FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave/File Photo/File Photo

(Reuters) – India’s infrastructure-focussed Adani Group has revived plans for major investments in the U.S., the Financial Times reported on Sunday.

The business group has reactivated potential plans to fund projects in sectors such as nuclear power and utilities as well as an east coast port, the report said, citing four people close to group founder and chair Gautam Adani.

 

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(Reporting by Mrinmay Dey in Bengaluru; Editing by William Mallard)