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Gautam Adani announces massive Rs 2 Lakh crore investment in Gujarat

THE JHARKHAND STORY DESK   Gandhinagar, Jan 10: Billionaire Gautam Adani made a significant announcement on Wednesday, declaring an investment of over…

Gautam Adani announces massive Rs 2 Lakh crore investment in Gujarat

Image: Business Today

THE JHARKHAND STORY DESK

 

Gandhinagar, Jan 10: Billionaire Gautam Adani made a significant announcement on Wednesday, declaring an investment of over Rs 2 lakh crore in Gujarat. The major focus of this investment is the development of a green energy park, designed to be visible from space.

At the Vibrant Gujarat Summit 2024, Adani Group chairman Gautam Adani made the announcement.

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“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,” Gautam Adani stated.

Also Read- Rajasthan: Youth arrested for raping 8-year-old girl in Bikaner

Will create 1 lakh jobs

He stated that the investment would generate 1 lakh jobs during his address at the Vibrant Gujarat Global Summit.

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He also said that the Adani Group has already invested Rs 50,000 crore of the Rs 55,000 crore committed during the last summit.

He added that the apples-to-airport group is now developing a green energy complex in Kutch that will be visible from space and have a 30 GW capacity spread over 25 square kilometres.

Adani stated that despite geopolitical and pandemic-related difficulties, India has had an unprecedented growth in GDP of 185% and per capita income of 165% since 2014.

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