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Adani Group to invest ₹75,000 crore in Madhya Pradesh; to create employment for 15,000 people

ThehindubusinesslineThehindubusinessline · 11m
Adani Group to invest ₹75,000 crore in Madhya Pradesh; to create employment for 15,000 people

The Adani Group is set to invest ₹75,000 crore in the Indian state of Madhya Pradesh. The investment will be allocated across sectors such as power generation, pump storage, cement, and more, providing employment for approximately 15,000 people. The group has already invested ₹18,000 crore in the state, creating 11,000 jobs. The majority of the planned investment will be in power generation, with ₹30,000 crore allocated to increase capacity from 1,200 MW to 4,400 MW. Other sectors, including road infrastructure and natural resources, will also receive significant investment. In January, the Adani Group committed to major investments in Tamil Nadu and Gujarat.

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