Adani Group to invest Rs 60,000 crore in Madhya Pradesh

The Adani Group will spend more than Rs 60,000 crore in a number of Madhya Pradesh industries, resulting in the creation of thousands of new employment.

At the seventh Madhya Pradesh Global Investors Summit, PranavAdani, director at Adani Enterprises, stated that this would transform the economies of various areas in the state.

The group currently has investments in the state in industries including cement production, agro processing, electricity generation and transmission, and gas distribution totaling close to Rs 27,500 crore.

He stated that the firm intends to invest in a variety of industries and projects, including the four-laning of a section of NH-47, a gas link project, and a micro-irrigation system.

It plans to set up mega food parks and six multi-modal logistics parks in Dhar, Guna, Damoh, Ujjain and two in Indore. The multi-modal parks will be set up with an investment of Rs 5,250 crore, Adani said.

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