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 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.

“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.

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Will create 1 lakh jobs

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

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.