Asia's richest man Gautam Adani's group  seeks to expand beyond Indian shores. Eyes  petrochemical & mining projects in Azerbaijan

Adani met Azerbaijan President Ilham Aliyev in Davos last week

"During the conversation, the parties discussed Azerbaijan's attractiveness for foreign direct investments, the development of the country's economy, and the prospects for cooperation with the Adani Group in petrochemical, mining and metallurgical industries, as well as other areas of mutual interest,"

A first-generation entrepreneur, Adani, 60, founded the Adani Group in 1988 as a trading company, and its interests now span real estate, ports, airports, power generation, green energy, cement, coal and FMCG.

"According to Gautam Adani, the firm has vast experience in the fields of port management, transport and transportation in India and other regions of the world and has made direct investments in these fields in a number of nations," the Azerbaijan government statement said.

"The parties agreed to conduct reciprocal visits of delegations and to hold comprehensive discussions on future collaboration."