Adani Group to pump in over Rs 2 lakh crore in Gujarat

Gautam Adani addressing the 10th Vibrant Gujarat Summit

Team News Riveting

Ahmedabad, January 10

Gautam Adani, the Chairman of Adani Group, Wednesday announced to invest over Rs 2 lakh crore in Gujarat over a period of next five years.

“Over the next five years, the Adani Group will invest over Rs. two lakh crore in Gujarat – that is USD 25 billion – thereby creating over 100,000 direct and indirect jobs,” Adani said while addressing the 10th Vibrant Gujarat Summit in Gandhinagar on Wednesday. At the previous summit, he had announced an investment of over Rs. 55,000 crore by 2025. “We have already surpassed Rs. 50,000 crore across the various sectors I had promised and have vastly exceeded our target of 25,000 direct and indirect jobs,” Adani said.

Today, he commits to further investments. “We are constructing the world’s largest green energy park in Khavda, Kutch, generating 30 GW of renewable energy over 725 square kilometres, visible from space. We are expanding the green supply chain for Atmanirbhar Bharat and creating the largest integrated renewable energy ecosystem. This includes solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, and expansions in copper and cement production,” he added.

The Adani Group Chairman said Vibrant Gujarat had been a stunning manifestation of Prime Minister Narendra Modi’s extraordinary vision. It has all his hallmark signatures, merging grand ambition, massive scale, meticulous governance, and flawless execution. It ignited a nationwide movement as all the states marched forward – competing – and – cooperating – to fundamentally remodel India’s industrial landscape.

The statistics of the past decade are remarkable: Since 2014, India’s GDP has grown by 185 per cent, and per capita income by a stunning 165 per cent. This achievement is unparalleled, especially considering this decade’s geopolitical conflicts and pandemic challenges.

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