Adani Group will invest ₹12L crore in India by 2031
What's the story
Adani Group, the ports-to-energy conglomerate led by billionaire Gautam Adani, has announced plans to invest up to ₹12 lakh crore in India over the next six years. The massive investment will be directed toward infrastructure, mining, renewable energy and port development among other sectors. "There is huge investment potential. We will invest ₹10-12 lakh crore in India in the next six years," Adani told PTI.
National focus
Adani Group's commitment to self-reliance
Adani emphasized that the entire industrial sector is working toward self-reliance, a mission Prime Minister Narendra Modi has called "India's new Independence." He said, "Struggle for achieving self-reliance is on...the Prime Minister (Narendra Modi) has also given a call for this... That is a new Independence. That is what every industrialist and every group is working on."
Green initiatives
Expansion plans in renewable energy
The Adani Group is also developing the world's largest renewable energy park at Khavda in Gujarat. Spanning over 520 square km, the park is expected to produce 30GW of green energy by 2030, enough to power more than 60 million homes annually. "We have invested to become one of the world's fastest-growing renewable energy companies... We are preparing for a scale of expansion that matches India's aspirations for the next decade," Adani said.
Strategic vision
Adani Group's future plans and challenges
The Adani Group also plans to expand its mining and materials operations, from ore extraction to metal, alloy, and finished product production for the green transition. Addressing the challenges faced by his group, Adani said these are "part of the game and part of the journey," adding that "Indian industry today sees itself as a partner in nation building."