The Adani group’s energy companies are witnessing a massive spike in the Indian stock market with the combined market capitalisation of the group’s energy companies skyrocketing them to among the top 20 energy companies in the world.

After the ascendency of Narendra Modi in the political arena of the country, the Adanis too have made rapid strides.

The group is already India’s biggest private port company with a 30 per cent marketshare, and is set to become the biggest player in the airport business too. The group already owns seven airports in India, including Mumbai. It will also build the Navi Mumbai airport and plans to bid for six more airports in April when the government opens the bidding process. In another few years, the group is set to start investing overseas in a big way, apart from its Australian investment.