US EditionAdani Group to Invest Additional Rs 1 Lakh Crore in Andhra Pradesh over Next Decade; Rs 40,000 Crore Already Deployed: Karan Adani
Adani Group plans Rs 1 lakh crore investment over 10 years, focusing on green energy, data centres, and manufacturing to boost Andhra Pradesh's economy and job creation.
- On Friday, Karan Adani announced Adani Group will invest Rs 1,00,000 crore in Andhra Pradesh over the next ten years at the 30th CII Partnership Summit in Visakhapatnam.
- The company framed the move as part of building a digital-ready industrial ecosystem and aligning with India's push to expand domestic compute capacity, reflecting Adani Group's confidence in Andhra Pradesh's growth potential.
- The Group outlined a multi-sector plan including a green-powered data-centre ecosystem with Google and a USD 15-billion Vizag Tech Park, having invested over Rs 3,000 crore and created over one lakh jobs.
- State officials say MoUs worth nearly Rs 10 lakh crore may be signed, and Adani Group expects large-scale employment generation in the coming years after MoUs worth Rs 3.65 lakh crore were signed a day earlier.
- The two-day CII Partnership Summit began on Friday, drawing more than 3,000 delegates from over 50 countries, and industry observers called the announcement one of the largest private-sector commitments to Andhra Pradesh in recent years.
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Adani Group to Invest Additional Rs 1 Lakh Crore in Andhra Pradesh over Next Decade; Rs 40,000 Crore Already Deployed: Karan Adani
Get latest articles and stories on Business at LatestLY. The Adani Group will invest Rs 1 lakh crore in Andhra Pradesh over the next 10 years, in addition to the Rs 40,000 crore it has already invested across key sectors in the state. Business News | Adani Group to Invest Additional Rs 1 Lakh Crore in Andhra Pradesh over Next Decade; Rs 40,000 Crore Already Deployed: Karan Adani.
Adani Group to invest Rs 1 lakh cr in AP over next decade: Karan Adani
Visakhapatnam: Adani Group will invest Rs 1 lakh crore over the next decade in Andhra Pradesh, Karan Adani said on Friday. Speaking at Andhra Pradesh Investor Summit, he said the investment will span across ports, cement, data centres, energy and advanced manufacturing. This is over and above the Rs 40,000 crore already invested. Also ReadAdani Solar ships 15000 MW of solar modules Adani, eldest son of billionaire Gautam Adani, unveiled the Grou…
Adani Group to invest additional Rs 1 lakh crore in Andhra Pradesh over next decade; Rs 40,000 crore already deployed: Karan Adani
The Adani Group will invest Rs 1 lakh crore in Andhra Pradesh over the next 10 years, in addition to the Rs 40,000 crore it has already invested across key sectors in the state.
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