Adani group to invest over Rs 2,00,000 crore in Gujarat in five years

MUMBAI: The Adani group will invest more than two lakh crore rupees in Gujarat over the next five years, chairman Gautam Adani said on Wednesday. This investment is seen creating about 100,000 direct and indirect jobs.

“It is my commitment that I will do my part to contribute to a Vikshit Gujarat,” announcing this investment in an address at the 10^th Vibrant Gujarat Summit. At the previous summit, the group had announced an investment of 55,000 crore rupees by 2025, of which it has already invested 50,000 crore rupees.

Most of the investments announced on Wednesday will be in green energy and its infrastructure. The Adani group is constructing a green energy park in Khavda, Kutch – touted as the largest in the world - which will generate 30 GW of renewable energy.


It is also expanding the green supply chain for creating an integrated renewable energy ecosystem. This will include solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, and expansions in copper and cement production.

The chief of the ports-to-power conglomerate also said that India’s growth in the past decade has been remarkable with a 185% growth in the GDP, and a 165% growth in the per capita income.

“This achievement is unparalleled, especially considering this decade's geopolitical conflicts and pandemic challenges,” he said.

Earlier this week, the Adani group has also committed to an investment of ₹42,700 crore in Tamil Nadu through its various businesses. These include investments in pump storage projects, three cement grinding units, and a hyperscale data centre