The company said in a statement that it is participating in the upcoming 5G spectrum auction in India.
The company wants to build its own digital platform, superapps and data centers, and will need the 5G network's high-quality data streaming capabilities. It will help set up a private network for all of its businesses.
The Adani group said that they are participating in the 5G spectrum auction to provide private network solutions along with enhanced cybersecurity in the airport, ports and Logistics, power generation, transmission, distribution, and various manufacturing operations.
The company will join India's three private sector mobile operators. The consumer mobility space will not be entered by Adani.
The Department of Telecom said in rules released last month that companies can set up their own private captive networks if they want to.
Adani has added about $25 billion to his wealth this year, making him the biggest wealth gainer in the world.
Adani, who is also Asia's richest person, along with his family, pledged to give 600 billion rupee to a slew of social causes to celebrate his 60th birthday. The Adani Foundation will manage the donation, which will be used to bolster health care, education and skill development.
The company said that if it wins the air waves, it will help the Adani Foundation.
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