Adani will invest ₹1L crore in Andhra Pradesh by 2035
What's the story
The Adani Group has announced an investment of ₹1 lakh crore in Andhra Pradesh over the next 10 years. Karan Adani, the son of billionaire Gautam Adani and CEO of Adani Ports and SEZs, made the announcement at the Andhra Pradesh Investor Summit and the CII Partnership 2025 event in Visakhapatnam. The investment will be divided across sectors such as ports, cement, data centers, energy, and advanced manufacturing.
Job creation
Investment to boost job creation and infrastructure in the state
Adani also highlighted that the existing operations of the Adani Group in Andhra Pradesh have already created over one lakh direct and indirect jobs. He added that more employment opportunities are on the way with future projects under this massive investment plan. The initiative is aimed at strengthening infrastructure, boosting job creation, and making Andhra Pradesh a key economic center in India.
Tech park
A look at Vizag Tech Park project
Adani also unveiled the Group's $15 billion Vizag Tech Park project. The plan includes developing one of the world's largest green-powered hyperscale data center ecosystems in collaboration with Google. This ambitious project is part of the larger investment strategy and highlights the Adani Group's commitment to sustainable development and technological advancement in Andhra Pradesh.