Capital Group builds $2B Adani stake, trims Reliance in conglomerate pivot

The $3.3 trillion US asset manager has accumulated over $2 billion across Adani Ports, Power and Green Energy while cutting Reliance Industries holdings, marking a notable foreign investor reshuffle between India's two largest conglomerates with consumer and retail exposure.

Capital Group accumulated $2B+ across Adani Ports, Power and Green Energy while trimming Reliance, signaling a major foreign investor pivot.

Business Standard · Companies · 5/22/2026, 3:59:28 AM · Ask about this →

Adani Group + Adani Green Energy + Adani Ports + Adani Power + Capital Group + Reliance Industries +