Business

Karan Adani Announces Rs 7.5 Lakh Crore Investment In Rajasthan, Focus On Green Energy And Infrastructure

The Adani Group announced an investment of Rs 7.5 lakh crore in Rajasthan on Monday. The group will fund key infrastructure projects over the next five years.

Karan Adani, Managing Director of Adani Ports and Special Economic Zones (APSEZ), shared that four new cement plants will be set up in the state. He also noted that 50% of the investment will be made in the next five years.

The Adani Group plans to build the world’s biggest integrated green energy ecosystem in Rajasthan. This includes 100 GW of renewable energy, 2 million tonnes of hydrogen, and 1.8 GW of pumped hydro storage. The investment aims to create green jobs in the state.

Karan Adani also mentioned the development of Jaipur airport. This upgrade will improve connectivity and boost Rajasthan’s investment potential.

Long-term Commitment to Rajasthan

Karan Adani highlighted the group’s commitment to Rajasthan’s growth. He emphasized the state’s natural resources, heritage, and investor confidence as key drivers for future development.

These investments align with India’s broader economic vision. India expects to invest over Rs 143 lakh crore in infrastructure by 2030, with rapid development fueling the growth of satellite townships across the country.

Also Read: Sanjay Malhotra Appointed As RBI Governor, Replaces Shaktikanta Das

IANS

Recent Posts

PM Modi Calls India-Central Asia Partnership ‘Force Multiplier’ For Regional Global Stability

PM Narendra Modi met with the Foreign Ministers of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan…

7 mins ago

PM Modi, Canadian PM Carney Hold Talks; India To Attend G7 Summit In June

PM Narendra Modi spoke with Canada's new Prime Minister Mark Carney on Friday, congratulating him…

1 hour ago

Vedanta Boosts Green Energy Push; Surpasses 1 GW Renewable Energy Mark

On the occasion of World Environment Day, Vedanta Ltd announced a significant milestone in its…

2 hours ago

FDI Inflows In India Surpass $500 Billion In A Decade; Driven By Key Reforms

India attracted over $500 billion in foreign direct investment (FDI) equity inflows between 2014 and…

2 hours ago

PM Modi Takes Dig At Pakistan For Attacking ‘Insaniyat’ & ‘Kashmiriyat’

PM Narendra Modi strongly condemned Pakistan for the Pahalgam terror attack, accusing it of trying…

3 hours ago

PM Modi Attacks Pakistan Over Pahalgam Terror Incident; Hails Operation Sindoor

PM Narendra Modi on Thursday launched a scathing attack on Pakistan for attempting to derail…

4 hours ago