The group will set up four new cement plants, adding a capacity of 6 million tonnes per annum. Over 50% of these investments will be made over the next five years.
The announcement was made by Adani Ports and SEZ Ltd Managing Director Karan Adani, at the Rising Rajasthan Global Investment Summit, in Jaipur, attended by Prime Minister Narendra Modi.
The Adani Group plans to build the world's largest integrated green energy ecosystem, involving 100 gigawatts (GW) of renewable energy.
Further, the Adani Group plans to develop a world-class facility at Jaipur Airport to improve connectivity and boost tourism, and multi-modal logistics parks, as well as inland container depots (ICDs). The creation of multi-modal logistics parks will support the state's ambitious infrastructure and economic transformation plans.
Over 50% of the investment will be made over the next five years, underlining the group's commitment to rapid development in Rajasthan.
This investment is part of Adani Group's broader commitment to renewable energy, with plans to build an energy park in Gujarat with a production capacity of 50 GW by 2030.
The Adani Group's investment of Rs 7.5 lakh crore ($88.53 billion) in Rajasthan is expected to have a transformative impact on the state's economy and infrastructure.
The Adani Group plans to build the world's largest integrated green energy ecosystem in Rajasthan, involving 100 gigawatts (GW) of renewable energy, 2 million tons of hydrogen, and 1.8 GW of pump hydro storage. This will position Rajasthan as a hub for green jobs and sustainable development.
The investment is expected to generate thousands of direct and indirect employment opportunities in the state.
This investment is a significant step towards boosting Rajasthan's industrial landscape, contributing to sectors like renewable energy, infrastructure, and manufacturing.
The Rising Rajasthan Global Investment Summit, held in Jaipur, attracted global investors, industry leaders, policymakers, and government officials. The summit saw the signing of MoUs worth Rs 33 lakh crore under the Rising Rajasthan initiative.
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