Adani Group commits Rs 1.5 lakh cr investment in Kutch; says India one of world's most attractive manufacturing destinations

Adani Group has committed an investment of Rs 1.5 lakh crores in the Kutch region over the next five years, affirming India's role as one of the world's most attractive destinations for investment and manufacturing, Karan Adani, MD of Adani Ports & Special Economic Zone Ltd, announced on Sunday.

Speaking at the Vibrant Gujarat Regional Conference, the ports business chief said that the group will complete the Kavda project and commission the full 37 gigawatt of capacity by 2030. The ports-to-power conglomerate will also double its port capacity at Mundra in the next 10 years.

Also read: Reliance Industries chairman Mukesh Ambani pledges Rs 7 lakh cr investment in next 5 yrs at Vibrant Gujarat Regional summit


"Every one of these investments aligns with India's national priorities, employment generation, industrial competitiveness, sustainability, and long-term resilience," Adani said. " At a time when the global economy faces uncertainty and fragmentation, India is emerging as a bright spot, growing close to 8%, expanding its manufacturing base and confidently progressing towards becoming a five trillion dollar economy and the world's third largest."

Calling Mundra Port as the 'karma bhoomi' of the Adani Group, he said that the project is not only India's largest commercial port and a fully integrated multimodal logistics gateway, but also home to India's largest copper smelter plant, a coal-to-PVC complex, and a solar manufacturing complex.

"Mundra demonstrates how long-term vision can transform not just a region, but also how industries can transform," Karan Adani said.

On Adani's biggest renewable power investment, the Khavda project, Karan Adani said that it is not just an energy project. The world's largest renewable energy park with 37 gigawatts of capacity under development is India's statement to the globe that economic growth, climate responsibility and energy security can move forward together, he added.

Highlight Gautam Adani's belief of group's growth aligned with India's, the ports wing MD said, "Gujarat is not just a state of investment. It is our foundation."

As India advances towards Viksit Bharat 2047, Gujarat will remain a cornerstone of this national transformation, he added.