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The Adani Group has announced a massive investment of over ₹1 lakh crore in Andhra Pradesh over the next decade, focusing on ports, cement, energy, advanced manufacturing and one of the world’s largest green-powered hyperscale data center ecosystems in partnership with Google.
Adani Group announces Rs 1 lakh crore investment in Andhra Pradesh
New Delhi: The Adani Group has announced its largest investment plan to date in Andhra Pradesh. The group, led by billionaire Gautam Adani, will invest more than Rs 1 lakh crore in the state over the next 10 years. This investment will be made in key sectors such as ports, cement, data centers, energy, and advanced manufacturing.
Karan Adani, Managing Director of Adani Ports & SEZ, made this announcement at the Andhra Pradesh Investors Summit. He stated that this investment will be in addition to the Rs 40,000 crore already invested by the group in the ports, logistics, energy, and infrastructure sectors.
At the summit, Karan Adani also unveiled the vision of the US$15 billion (₹1.25 lakh crore) Vizag Tech Park, to be built in collaboration with the Adani-Google partnership.
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Under This project:
According to Karan Adani, "This is not just an investment, but the beginning of India's technological transformation. Andhra Pradesh will be the epicenter of change for the next 10 years."
Karan Adani said that the group's confidence in Andhra Pradesh is not new.
He said, "We don't just make promises, we show results by investing. So far, we have invested over ₹40,000 crore, and this is just the beginning."
The state will benefit from an additional investment of Rs 1 lakh crore over the next decade:
The Adani Group has announced significant investment plans in both Andhra Pradesh and Assam. The group will invest approximately ₹63,000 crore in two major energy projects in Assam:
Adani Group plans additional Rs 30,000 Cr for domestic ports expansion
This investment by the Adani Group demonstrates the company's rapid expansion in the southern and eastern parts of India, spanning sectors such as:
These projects are expected to generate employment for millions and propel industrial development in the states to new heights.