Emerging Indian multinational company Adani Group is also set to enter the automobile manufacturing business in India. The multinational company has registered an automobile trademark under the name 'Adani' and discussions have started to add a new brand to the Indian auto portfolio.
Adani Group had recently set up a company called Adani New Industries Limited. The company will develop and operate a green energy project. The company plans to develop synthesis, low-carbon fuel, and chemical and low-carbon electricity for green energy.
The company aims to produce wind turbines, green hydrogen generators, the main components of solar modules, batteries, electronics, and green energy projects.
As Adani Group wants to expand its business by focusing on green energy, it is estimated that the vehicles made by the company will be electric. There are a large number of EV startups operating in India. Due to this, it is believed that the use of EVI will increase in India in the upcoming future. However, it is unknown at this time what he will do after leaving the post.
However, Adani Group itself hasn’t officially confirmed on which automobile domain it has been working.