In an interview with the Financial Times on Friday, billionaire Gautam Adani stated that he intends to invest more than $4 billion in a petrochemical complex in Gujarat.

According to the report, Adani, Asia’s richest individual, intends to launch a “super app” within the next three to six months to connect Adani airport passengers with other Adani Group services.

Adani denied that Mukesh Ambani, a fellow billionaire, would face direct competition if he entered the petrochemical industry. There is no rivalry. Everyone is welcome in India, which is a huge growth market,” he added.

By 2050, India’s economy is expected to grow to $30 trillion, nearly 10 times its current size, thanks to social and economic reforms and increased consumption, according to Gautam Adani.

Inside the following decade, the nation’s GDP might start to increment by $1 trillion each 12 to year and a half, expanding its allure as an area for ventures, the tycoon anticipated at a new gathering in Mumbai. He predicted that India’s share of the global GDP would exceed 20% by 2050.

The coal-to-ports billionaire reaffirmed his organization’s commitment to investing $70 billion in a clean energy value chain. According to him, India will undergo an “unprecedented” energy transition to meet this demand, which is expected to rise by 400 percent by 2050 due to economic expansion.

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