Adani buys one more port as billionaire founder bets on India infrastructure

Krishnapatnam Port in eastern coast has enterprise value of $1.9 billion

20200106 adani port

Adani Ports has presence across 10 locations in the country, including the flagship Mundra port in the western state of Gujarat. © Reuters

MUMBAI (NewsRise) -- Adani Group's latest acquisition of a large deep-water Indian port underscores the conglomerate's quest to dominate the infrastructure sector in Asia's third-largest economy.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.