Adani Group to focus on infrastructure as FMCG Margins are low : CFO – India Shipping News ...Middle East

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MUMBAI : The Adani Group will continue to focus on infra businesses as the margins in FMCG business are much lower, the conglomerate’s chief financial officer said. The combined wealth of Adani Group’s top seven companies is way more than the consumer goods industry, and the conglomerate is focusing on “extraordinary” wealth creation, CFO Jugeshinder Singh said while addressing the India Debt Capital Market Summit 2023, organised by the Trust Group in Mumbai. While Singh didn’t make any direct reference to Adani Wilmar Ltd., his comments come amid media reports that the group is planning to sell a stake in Adani Wilmar Ltd. It is

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