Adani Group of the country’s veteran businessman Gautam Adani has announced a historic investment of more than Rs 1 lakh crore in Andhra Pradesh and Assam in the next decade. At an investors’ conference held in Andhra Pradesh, the group presented the $15 billion vision of Vizag tech park, which will be based on a hyperscale data center ecosystem in partnership with Google and will be entirely powered by green energy. Adani Group has already invested ₹40,000 crore in Andhra Pradesh, and now the group aims to make the state a launchpad for India’s next decade of transformation. Under this investment plan, work in ports, logistics, cement, infrastructure and renewable energy sectors will expand. This will also create more than 1 lakh direct and indirect jobs in the state. Also, Adani Power and Adani Green are going to invest ₹63,000 crore in Assam. It includes the Northeast’s largest coal-based private power plant and a new pumped-storage hydro power project. This investment plan will strengthen Adani Group’s hold in South India and Northeast and will give a new direction to the country’s infra, power and technology sectors.
