Adani Group to invest over Rs. 7.5 lakh crore in Rajasthan – The Tribune-OxBig News Network

The Adani Group has announced plans to invest over Rs 7.5 lakh crore across various sectors of Rajasthan’s economy, with over 50 per cent of the investment expected in the next five years. Karan Adani shared these details at the ‘Rising Rajasthan Global Summit’ organised today. The investments would be spread across several key sectors, including the creation of the world’s largest green energy ecosystem, expansion of the cement industry, infrastructure upgrades at Jaipur Airport and the establishment of a multi-modal logistics park.

“We plan to build the world’s largest integrated green energy ecosystem here in Rajasthan, featuring 100 GW of renewable energy, 2 million tonnes of hydrogen production and 1.8 GW of pumped hydro storage. These investments will transform the state into an oasis of green jobs,” said Karan Adani.

In addition to energy, Rajasthan plays a vital role in the Adani Group’s ambition to become India’s largest cement company. The group intends to set up four new cement plants in the state, boosting production by 6 million tonnes per annum.

Other planned investments include a worldclass facility at Jaipur Airport, a multi-modal logistics park, and Inland Container Depots (ICDs) to support the state’s transformational growth plans.

Earlier, Prime Minister Narendra Modi inaugurated the ‘Rising Rajasthan Global Investment Summit 2024’, which is being organised from December 9-11 in Jaipur.