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Adani Group chairman Gautam Adani promises Rs 2 lakh cr investment in Gujarat in 5 years

Mumbai: On Wednesday, Adani Group chairman Gautam Adani made the announcement plans to invest Rs 2 lakh crore in the green energy and renewable sectors over the next five years at the Vibrant Gujarat Summit 2024 in Gandhinagar in Gujarat.

By: Priyanka Verma  Pardaphash Group
Updated:
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Adani Group chairman Gautam Adani promises Rs 2 lakh cr investment in Gujarat in 5 years

Mumbai: On Wednesday, Adani Group chairman Gautam Adani made the announcement plans to invest Rs 2 lakh crore in the green energy and renewable sectors over the next five years at the Vibrant Gujarat Summit 2024 in Gandhinagar in Gujarat.

At the summit, Gautam Adani speaking, outlined the ambitious investment strategy that positions Adani Group as a key player in India’s transition to a cleaner and more sustainable energy future. In attendance were Prime Minister Narendra Modi, several Union Ministers and a host of dignitaries from across the globe at the summit.

Adani Group chairman Gautam Adani said,”We are expanding the green supply chain for an Aatmanirbhar Bharat and creating the largest integrated, renewable energy ecosystem…Over the next five years, the Adani group will invest over Rs 2 lakh crores in Gujarat.”

Mr Adani further said,”Mr Prime Minister, you don’t just think of India’s future but also shape it. Under your leadership, India is on its way to becoming a fully developed nation by 2047. You have successfully put India on a global map as a major power and are making her Atmanirbhar.”

This multi-billion-dollar investment is set to drive innovations, create employment opportunities, and significantly contribute to the growth of the renewable energy sector in Gujarat. He added,”The statistics of the past decade are remarkable: Since 2014, India’s GDP has grown by 185%, and per capita income by a stunning 165%. This achievement is unparalleled, especially considering this decade’s geopolitical conflicts and pandemic challenges.”

Mr Adani also announced the construction of the world’s largest energy park in Kutch’s Khavda which is spread over 725 square kilometres and is visible from space. Gautam Adani indicated that the investment is expected to create up to 1 lakh jobs, directly and indirectly.

The Adani Group’s massive investment will create over 1 lakh jobs in the state. Besides outlining the conglomerate’s investment plan for Gujarat, Adani went on to highlight the stellar economic growth India has achieved under the leadership of Prime Minister Narendra Modi.

He said,”We are expanding the green supply chain for an “Atmanirbhar”. Bharat and creating the largest integrated renewable energy ecosystem.” He added,”He highlighted India’s strong GDP growth and per capita income since 2014, and added that the “best is yet to come”. “India of today is poised to shape the global future of tomorrow.”

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