Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees ($12.7 billion) of new investments in India, signaling the conglomerate’s focus on growing in its home market while fighting corruption charges in the US.

Billionaire Gautam Adani said his group is planning more than 1.1 trillion rupees (S$17 billion) of new investments in India, signalling the conglomerate’s focus on growing in its home market while fighting corruption charges in the US.

Adani Group chief Gautam Adani announced a Rs 50,000 crore investment in Assam across multiple sectors, including airports, aero cities, and cement. The investment aims to boost Assam's economy and integrate it into India's growth strategy,

U.S. drugmaker Amgen will invest about $200 million this year in its new technology centre in southern India, with further investments planned, CEO Robert Bradway said at the inauguration of the site on Monday.