New Delhi, Sept. 7 -- Industrialist Gautam Adani-led Adani Group is planning to invest around $60 billion up to FY32 in India's power sector, with a strong focus on renewables, generation and transmission/distribution.

This investment aligns with India's projected growth as one of the fastest growing electricity market in the world, reported PTI, citing Adani Group's statement.

In an investor presentation, Adani Group laid out its investment strategy which is segmented across its key subsidiaries:

The country's overall installed capacity is expected to grow at a CAGR of 11% to reach 1,000 GW by FY32 from 475 GW in FY25. This growth creates investment opportunities valued at over $500 billion.

India currently ranks 4th globally in term...