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Karan Adani: Adani Group To Invest ₹7.5 Lakh Crore In Rajasthan Over Next Five Years

Karan Adani: Adani Group To Invest ₹7.5 Lakh Crore In Rajasthan Over Next Five Years

Business Today
Business Today
  • New Delhi ,
  • Dec 9, 2024,
  • Updated Dec 9, 2024, 3:34 PM IST

 

In a significant boost to Rajasthan's economic growth, the Adani Group has pledged an investment of Rs 7.5 lakh crore in the state over the next five years. This funding will support major infrastructure initiatives, including the construction of four new cement plants and the establishment of a green energy ecosystem. Karan Adani, MD Of Adani Ports and SEZ Limited, made the announcement at the 'Risin Rajasthan' Investor Summit 2024 on Monday."Our plan is to build the world's largest integrated green energy ecosystem here, with 100 GW of renewable energy, 2 million tonnes of hydrogen, and 1.8 GW of pumped hydro storage. These investments will transform Rajasthan into a hub of green jobs," he stated.The Adani Group will also contribute to the development of Jaipur's airport, enhancing connectivity and reinforcing the state’s attractiveness as an investment destination. "Additionally, we plan to develop a world-class facility at Jaipur airport, a multi-modal logistics park, and ICDs, which will align with Rajasthan's ambitious transformation plans," Adani added.

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