The Indian firm may offer PIF, Saudi Arabia"s sovereign wealth fund, the opportunity to invest in infrastructure in India RIYADH: Indian multinational conglomerate Adani Group headed by Gautam Adani is apparently exploring potential partnerships in Saudi Arabia, including the possibility of buying a stake in the world’s largest oil exporter, Bloomberg reported, quoting people familiar with the matter. According to the report, Adani Group has already held preliminary talks on a range of potential cooperation and joint investment opportunities with Saudi Aramco and the country’s Public Investment Fund, PIF. The source revealed that Adani Group has discussed the idea of buying part of the PIF’s stake in Aramco. Adani Group is also aiming to team up with Aramco or subsidiaries like SABIC in areas such as renewable energy, the source said. The Indian firm may offer PIF, Saudi Arabia"s sovereign wealth fund, the opportunity to invest in infrastructure in India. The deliberations and talks are currently in their early stages, and Gautam Adani has not decided on which form any potential cooperation could take. According to Bloomberg Billionaires Index, Gautam Adani is the second richest person in Asia with an estimated net worth of about $90.5 billion. Adani Group currently has a range of businesses covering ports, power, renewable energy, airports, coal trading and data centers.