Adani Group plans to invest Rs60,000 crore in MP in various sectors

12 Jan 2023 , 09:16 AM

The Adani Group on Wednesday announced that it has plans to invest Rs60,000 crore in mineral exploration, energy, agriculture, renewable energy and coal sectors of Madhya Pradesh that would create thousands of job opportunities.

This would reshape the economy of several districts in the state, said Pranav Adani, director at Adani Enterprises, at the seventh Madhya Pradesh Global Investors Summit.

Currently, the group has investments of around Rs27,500 crore in sectors such as power generation and transmission, gas distribution, cement manufacturing and agro processing, among others, in the state.

He said that sectors and projects that the group plans to invest in four-laning of a part of NH-47, a gas link project and a micro-irrigation system.
It plans to set up mega food parks and six multi-modal logistics parks in Dhar, Guna, Damoh, Ujjain and two in Indore. Furthermore, the multi-modal parks will be set up with an investment of Rs5,250 crore, Adani said.

For feedback and suggestions, write to us at [e-mail]