The Adani Group has announced an investment of Rs 1.5 lakh crore in Gujarat's Kutch region over the next five years, aiming to bolster the state's status as a hub for industry, logistics, and renewable energy.
Karan Adani, Managing Director of Adani Ports and SEZ, highlighted that this investment would focus on expanding renewable energy capacity, port infrastructure, and industrial projects, aligning with India’s long-term goals of economic growth and energy security. A significant part of the investment will go towards completing the 37-gigawatt Khavda renewable energy park by 2030 and doubling the capacity of Mundra Port in the next decade.
Speaking at the Vibrant Gujarat Regional Conference, MD Adani emphasised that India’s transformation under Prime Minister Narendra Modi has positioned the country as an attractive investment destination. He noted that Gujarat is a prime example of effective governance, where vision and execution go hand in hand.