Published On:December 10 2024
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Adani Group to Invest ₹7.5 Lakh Crore in Rajasthan’s Infrastructure and Development.
In a major boost to Rajasthan’s economy, top Indian corporates, including Adani Group, Mahindra Group, and Aditya Birla Group, have announced substantial investments in the state.
At the Rising Rajasthan Summit on Monday, Aditya Birla Group Chairman Kumar Mangalam Birla outlined plans for a ₹50,000 crore investment across multiple sectors, including cement, renewables, telecom, and retail. Birla expressed confidence in the group's long-term commitment to scaling up its investments, saying, "We foresee investing over ₹50,000 crore in the coming years."
The Adani Group, led by Karan Adani, Managing Director of Adani Ports and SEZ Ltd, revealed an even more ambitious ₹7.5 lakh crore investment plan. The focus will be on a variety of sectors, with a particular
emphasis on energy and cement. Adani announced plans to establish four new cement plants in Rajasthan, aiming to boost the state’s production capacity by an additional 6 million tonnes per annum.
Mahindra Group also made significant investment commitments, particularly in the solar sector. Chairman Anand Mahindra stated that the company has already set up 1.1 gigawatts (GW) of solar capacity in the state and plans to invest ₹11,000 crore to expand its solar capacity by an additional 2.8 GW.
These investments highlight the growing role of Rajasthan in India’s renewable energy, manufacturing, and infrastructure sectors, further solidifying the state as a key player in the nation’s industrial growth.
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