The Adani Group is likely to make an additional investment of Rs 8,700 crore in Bihar across its various sectors, including cement manufacturing, logistics and the agro-industry. The Group has already marked its presence in the state, where it has invested Rs 850 crore.

The company has announced this move at the Bihar Business Connect-2023, a two-day global investors summit which concluded on 14 December, 2023. This latest investment will create direct and indirect employment for around 10,000 people in the state.

Presently, the company operators in the state across logistics, gas distribution, and agro-logistics segments, and now seeks to scale up its investment approx. 10-fold. In its warehouse business, the company plans to pump in Rs 1,200 crore, covering districts such as Purnea, Begusarai, Darbhanga, Samastipur, Kishanganj, and Araria. Besides, it will also allocate Rs 200 crore to enhance its city gas distribution (CGD) network in Gaya and Nalanda.

In addition, the Group plans to start producing compressed biogas (CBG) and electric vehicle (EV) chargers, creating about 1,500 jobs in the state. The company has aims to foray into cement manufacturing sector, too, setting up units in Warsaliganj and Mahawal at a cost of Rs 2,500 crore. Adani also hailed the Bihar government for its developmental and social schemes. It is also contemplating bringing Adani Wilmar to Bihar.