Adani Group, led by one of Asia’s preeminent industrialists, Gautam Adani, has signalled a bold expansion beyond India’s borders with the formation of a new international entity.
Adani Airport Holdings Limited (AAHL), a major arm of Adani Enterprises, has formally launched Celeritas International FZCO in the UAE, establishing a key presence in the Jebel Ali Free Zone.
Celeritas International, founded with an authorised share capital of 100,000 dirhams, is expected to drive Adani Group’s international business growth, though the new entity is yet to begin active commercial operations, as reported by the Economic Times.
Celeritas’s ownership structure reflects Adani’s strong stake, with AAHL holding a controlling 74 per cent in the company. This arrangement, notably devoid of related party transactions, is designed to maintain smooth, autonomous functioning in the new market.
Meanwhile, Adani’s strategic ventures continue to diversify. AAHL’s joint venture, April Moon Retail Private Limited, is also set to acquire a 74 per cent share in Kokocart Ventures Private Limited for a reported Rs 200 crore, marking a calculated move into the burgeoning retail and consumer segments.
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This expansion aligns with Adani Group’s goal of widening its portfolio across infrastructure, retail, and consumer-focused markets.
Reflecting its aggressive growth strategy, Adani Enterprises has announced a formidable capital expenditure plan of Rs 80,000 (approximately Sh122,501.14) crore for the fiscal year, with Rs 50,000 (approximately Sh(76,563.21) crore earmarked solely for bolstering the group’s airport operations and Adani New Industries.
Already managing seven airports across India, with an eighth currently under construction in Navi Mumbai, Adani Airports is slated to deploy substantial investment over the next decade, targeting a portfolio enhancement worth $21 billion, reinforcing its domestic and international infrastructure ambitions.
Gautam Adani’s commitment to expanding his industrial empire is underscored by these moves, cementing Adani Group's position not only as a leader in India’s infrastructure but as a formidable player on the global stage.