Billionaire Gautam Adani, chairman of the ports-to-power conglomerate, Adani Group, on Wednesday announced an investment of Rs 2 lakh crore in Gujarat. Speaking at the inaugural ceremony of the Vibrant Gujarat Global Summit (VGGS) in Gandhinagar, he said, the company will also invest Rs 55,000 crore by 2025.
“At the previous summit, I announced our investment of over Rs 55,000 crore by 2025. We have already surpassed Rs 50,000 crore across the various sectors I had promised and have vastly exceeded our target of 25,000 direct and indirect jobs,” Adani said.
“Over the next five years, the Adani Group will invest over Rs. 2 lakh crore in Gujarat – that is $25 billion – thereby creating over 100,000 direct and indirect jobs,” he further went on to say.
The Adani Group is constructing the world’s largest green energy park in Khavda, Kutch, generating 30 GW of renewable energy over 725 square kilometres.
“We are expanding the green supply chain for an “Atmanirbhar” Bharat and creating the largest integrated renewable energy ecosystem. This includes solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, and expansions in copper and cement production,” Adani said.
