Prime Minister Narendra Modi and other dignitaries attended the Summit, aiming to showcase Rajasthan’s advancements in development, innovation, and industrial progress.
Adani Group Unveils Rs 7.5 Lakh Crore Investment Plan For Rajasthan
Karan Adani, Managing Director of Adani Ports and SEZ Ltd, introduced an ambitious investment plan of Rs 7.5 lakh crore for Rajasthan at the Rising Rajasthan Global Summit held on December 9 at the Jaipur Exhibition and Convention Centre (JECC). This extensive investment will span various sectors of the state’s economy, with more than 50% of the total investment earmarked for the next five years. Adani Group is creating a solid plan for developing the state’s economy.
Adani’s vision for Rajasthan is expansive, focusing on green energy. He revealed plans to establish the world’s largest integrated green energy ecosystem in the state. This plan will include a massive 100 GW renewable energy capacity, 2 million tons of hydrogen production, and 1.8 GW pump hydro storage. These projects aim to transform Rajasthan into a hub for green jobs and sustainable energy.
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Besides green energy, the Adani Group heavily focuses on the cement industry. On the other hand, Karan Adani emphasized Rajasthan’s strategic role in the group’s ambition to become India’s largest cement producer. The group also plans to establish four new cement plants in the state and add 6 million tonnes per Annum to its production capacity as part of this goal.
Moreover, the Adani Group intends to boost Rajasthan’s infrastructure, including key projects for developing a world-class facility at Jaipur Airport to enhance connectivity and support the state’s tourism sector. The upbringing of multi-modal logistics parks will also contribute to the state’s infrastructure growth, aligning with Rajasthan’s broader economic transformation goals.
Rajasthan Chief Minister Bhajanlal Sharma highlighted the state’s growing investment appeal. Bhajanlal Sharma said Rs 33 lakh crore in Memorandums of Understanding (MoUs) have been signed under the Rising Rajasthan initiative.
The Rising Rajasthan Global Investment Summit will go on from December 9 to 11, bringing together global investors, industry leaders, policymakers, and government officials. Prime Minister Narendra Modi and other dignitaries attended the Summit, aiming to showcase Rajasthan’s advancements in development, innovation, and industrial progress.
