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Adani Group Plans ₹1.5 Lakh Cr Gujarat Investment
11 Jan
Summary
- Adani Group commits ₹1.5 lakh crore investment in Kutch over five years.
- Khavda project targets 37 GW capacity by 2030; Mundra port capacity to double.
- Investments align with India's national priorities: employment and sustainability.
The Adani Group has pledged an investment of ₹1.5 lakh crore over the next five years in Gujarat's Kutch region. This significant financial commitment was announced by Karan Adani, managing director of Adani Ports & SEZ Ltd, at the Vibrant Gujarat Regional Conference. The plan includes the full commissioning of the Khavda project, aiming for 37 GW capacity by 2030, and a doubling of port capacity at Mundra within the next decade.
These investments are strategically aligned with India's national objectives, focusing on job creation, enhancing industrial competitiveness, promoting sustainability, and building long-term economic resilience. Adani highlighted India's position as a growing economic powerhouse amidst global uncertainty, with Gujarat playing a pivotal role in this progress. The Kutch region itself is showcased as a prime example of transformation into a vital industrial, logistics, and energy hub.
This announcement underscores the Adani Group's commitment to Gujarat and its role as a partner in India's development towards becoming a strong, self-reliant, and globally respected nation by 2047. Additionally, Welspun World announced a ₹5,000 crore investment in the pipeline business and highlighted its global leadership in home textiles manufactured in Gujarat.
