Home Economy Adani Group To Invest Rs 650bn 

Adani Group To Invest Rs 650bn 

Gautam Adani, the Indian billionaire who built a conglomerate spanning ports, mining, and green energy from a tiny commodities trading firm, is now Asia's richest person. Mukesh Ambani was one of Top 10 Richest Person in Asia, but now Gautam Adani surpassed Mukesh Ambani, became Asia’s richest person.
Photo Courtesy: Adani Group

India’s Adani Group plans to invest heavily in Rajasthan. About 650 billion rupees will be invested in the solar power sector within five to seven years. This huge amount of money will be spent on constructing a 10,000 MW capacity solar power plant. If the project is implemented, more than 40 thousand people will get job opportunities there. Adani Group Chairman Gautam Adani announced these investment plans while attending Jaipur’s ‘Invest Rajasthan-2022’ conference. So, Adani Group To Invest Rs 650bn.

Vedanta Group Chairman Anil Agarwal, Tata Power CEO and Managing Director Prabir Saha, DCM Sriram CMD Ajay S Sriram, and ArcelorMittal Chairman and CEO Lakshmi Mittal were also present on occasion. Gautam Adani said that the Adani Group will provide the necessary support for constructing a cricket stadium in Udaipur. Also, we will discuss which state district does not have a medical college. Necessary assistance will be given to the state in this regard as well.

Adani Group currently owns three cement factories and limestone mines in Rajasthan. Besides, the group has planned to increase its capacity and scope of business in other sectors. Another Rs. 7000 crore will be invested in this sector to double the production of cement factories. Chief Minister Ashok Gehlot said that work is going on to create a safe environment for investment and production in the state. He announced the formation of the Rajasthan Industrial Security Force (RISF) on the Central Industrial Security Force (CISF) model.

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