Veteran investor Mark Mobius has made bold statements about the Adani Group and India's market potential in a recent interview with NDTV Profit. His comments come amidst ongoing discussions about the conglomerate's role in India's economic landscape and the broader market outlook.

Adani Group: A Proxy for India's Growth

Mobius asserted that investing in the Adani Group is tantamount to investing in India itself. This statement underscores the significant role the conglomerate plays in India's infrastructure and economic development. Mobius dismissed recent controversies, including a Washington Post article, as 'overblown,' expressing confidence in the group's operations.

Bullish Outlook on Sensex

The founder of Mobius Capital Partners offered an optimistic view on India's stock market:

• Predicted the Sensex could reach 100,000 earlier than previously anticipated
• Cited strong domestic momentum as a key driver
• Mentioned potential positive political developments in the US as a contributing factor

Gold and Investment Trends

Mobius shared insights on other investment areas:

• Described the recent gold pullback as temporary
• Maintained a long-term bullish stance on India
• Expects the shift of investor interest from India to China to be short-lived
• Highlighted India's intact structural growth story

Investment Opportunities in India

Mobius pointed out specific sectors that he finds promising:

• Consumer space
• Hardware sector
• Electronics sector

Adani Group's Recovery and SEBI's Role

Mobius commented on the Adani Group's recent challenges and recovery:

• Expects the conglomerate's recovery to continue following SEBI's clean chit in the Hindenburg case
• Praised SEBI for increasing transparency and strengthening institutional frameworks
• Suggested that proper research would have revealed the baselessness of Hindenburg's accusations

Adani Enterprises Corporate Actions

Recent LODR data from Adani Enterprises reveals ongoing corporate activities:

Board Meeting Announcement

• Scheduled for November 4, 2025
• To consider and approve unaudited financial results for Q2 and H1 FY2026
• Trading window closure to end 48 hours after results announcement

New Subsidiary Incorporation

• Wholly-owned subsidiary 'Shri Kedarnath Ropeways Limited' (SKRL) incorporated on October 27, 2025
• SKRL to develop and manage a ropeway system from Son Prayag to Kedarnath in Uttarakhand
• Project to be executed on Design, Build, Finance, Operate and Transfer (DBFOT) Mode

These corporate actions indicate Adani Enterprises' continued focus on infrastructure development and expansion, aligning with Mobius' positive outlook on the group and its role in India's growth story.

Adani Ports and Special Economic Zone (APSEZ) has signed a memorandum of understanding (MoU) with the Maharashtra Government, committing to a substantial investment of Rs 42,500 crore for the expansion of Dighi Port and related activities in the coastal Konkan region of Maharashtra. This agreement marks a significant step in bolstering India's maritime infrastructure and economic development.

Investment Details

The MoU between APSEZ and the Maharashtra Government is part of a larger initiative that saw 15 agreements totaling over Rs 56,000 crore being signed during India Maritime Week. Here's a breakdown of the key investments:

Adani's Involvement in Dighi Port

The Adani Group's involvement with Dighi Port began in 2021 when they acquired the bankrupt project with a winning bid of Rs 705 crore. At that time, the group had committed Rs 10,000 crore for the port's expansion. This new MoU represents a significant increase in their investment commitment, showcasing the group's confidence in the project's potential.

Broader Maritime Developments

The agreements signed during India Maritime Week extend beyond port expansions. They include plans for:

1. A water taxi service from Navi Mumbai airport
2. Development of maritime infrastructure in collaboration with foreign entities from:
   • United Arab Emirates
   • Netherlands
   • Sweden

These initiatives collectively aim to enhance India's maritime capabilities, boost trade, and contribute to economic growth in the coastal regions.

The substantial investments in port infrastructure, shipbuilding, and related activities underscore India's focus on strengthening its position in the global maritime sector. As these projects materialize, they are expected to generate employment opportunities, improve logistics efficiency, and potentially reduce the cost of trade for businesses operating in the region.