In a way, the trade war between the country’s two biggest billionaire businessman Mukesh Ambani and Gautam Adani has begun. In fact, the Adani Group of Gautam Adani has established a new subsidiary of its own. The company installs refineries, petrochemical complexes and hydrogen plants. Adani Enterprises provided this information to the stock exchange.

However, this move by Adani Group is a new challenge for Reliance Industries of Mukesh Ambani. Let me tell you here that Reliance Industries is already active in this business. Reliance is at the forefront of this sector. At the same time, the Adani Group had remained in the area until now.

Starting from Mukesh Ambani: The trade war begins with the announcement of Mukesh Ambani’s green energy investment. In fact, at the annual general meeting of Reliance in June, Mukesh Ambani had said that he would spend Rs 75,000 crore on green energy business. This is already an area dominated by the Adani group. Let us tell you that the companies of the Adani Group in Ahmedabad work in many areas. It has six components listed on the stock exchange.

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What the Experts Say: Experts say the Adani Group may take a long time to reach the level of Reliance Industries, but entry into the petrochemicals business is interesting. It will bring many new twists in the coming time.