A report  says that Gautam Adani, the head of the Adani Group, has been planning to release 5G services for businesses and apps for consumers this year.

The company’s plan for B2C apps for consumers came as a surprise.

During the 5G auctions in 2022, Adani Group made it clear that it had no plans to compete with companies like Reliance Jio and Bharti Airtel in the consumer mobility market. He had said, “We don’t want to be in the consumer mobility space.”

As the Indian businessman tries to grow his business outside of India, he will focus on building AI-ML (artificial intelligence and machine learning) and industrial cloud capabilities and expanding data centres.

“While we are fully committed to building India, now is a good time to help build other countries,” Adani told his employees in his New Year’s address, as reported by TOI.

He said that the company’s main goal will be to improve its digital side by..

Adani plans strategy tweak to enter 5G battlefield dominated by Ambani https://t.co/UDXjXejjLC via @economictimes

— Vision2025 (@Vision2o25) January 4, 2023

The chairman of the Adani Group said that while oil was the main driver of global growth in the 20th century, green electrons will be the key to inclusive, long-term growth in the 21st century. And in the future, the geopolitical advantage will go to the countries that can make the most green electricity for the least amount of money. Adani said, “Very few companies are as well off as we are.”

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Adani Group Update: Adani Realty, the real estate company of Gautam Adani, has won the bid to redevelop Dharavi Slum located in prime land of the country’s commercial capital Mumbai. The slum of Dharavi is counted among the largest slums in Asia. Adani Realty has won the Dharani Redevelopment Project by bidding Rs 5069 crore, leaving behind a leading real estate company like DLF.

In the month of October, the Maharashtra government had issued a new global tender for the redevelopment project of Dharavi. In which apart from Adani Realty, DLF and Mumbai’s Shree Naman Developers had bid to get the project. Including global companies, a total of 8 companies had bid to get the project.

SVR Srinivas, CEO of Dharavi Redevelopment Project, told that Adani made the highest bid of Rs 5069 crore. While DLF had bid Rs 2025 crore. He told that due to technical reasons the bid of Shree Naman Developers was not opened. Now Adani’s bid will be sent to the committee of state secretaries.

The Maharashtra government wants to redevelop the Dharavi slum area in partnership with a company. In which the lead partner will have 80 percent equity with Rs 400 crore, while the state government will have 20 percent equity. The development of this project will benefit the slum dwellers as well as help in improving the city of Mumbai.

Under the Dharavi Redevelopment Project, eligible people will be given free houses for the slum dwellers of Dharavi, which will have all kinds of facilities. After the issuance of the Commencement Certificate for the project, the work of the first phase will be completed in seven years. It is believed that in 17 years this project will take time to complete. On completion of this project, 56000 people will be resettled. The people living in this slum will get a house of 405 square feet area.

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