At the Rising Rajasthan Global Investment Summit 2024, the Adani Group announced an ambitious investment of ₹7.5 lakh crore across multiple sectors in Rajasthan. Over half of this investment will be realized within the next five years, according to Karan Adani, CEO of Adani Ports and SEZ.
“We aim to establish the world’s largest integrated green energy ecosystem in Rajasthan, comprising 100 gigawatts of renewable energy, 2 million tonnes of hydrogen production, and 1.8 gigawatts of pump hydro storage. These initiatives will transform Rajasthan into a hub for green jobs,” said Karan Adani.
The Adani Group also plans to strengthen its presence in the cement sector by setting up four additional cement plants in Rajasthan, adding a production capacity of 6 million tonnes per annum (MTPA). The company, which manages Jaipur International Airport, outlined plans to upgrade infrastructure to enhance connectivity and tourism.
“Alongside green energy and cement, we are focused on developing multi-modal logistics parks and modernizing Jaipur airport to align with Rajasthan’s transformation goals,” Adani stated.
Highlighting India’s rapid growth, Karan Adani said, “India is undergoing a remarkable transformation, visible in its economic performance and global positioning. The Nifty index rising from 8,000 in 2014 to 24,000 in 2024 reflects this confidence in India’s future.”
With these investments, the Adani Group aims to play a pivotal role in Rajasthan’s economic and infrastructural development, aligning with the state’s vision for progress and sustainability.
The Adani Group is a globally diversified conglomerate headquartered in India, with a strong presence in sectors such as infrastructure, energy, logistics, and agribusiness. Founded by Gautam Adani in 1988, the group has emerged as a key player in driving India’s economic growth and global competitiveness. It operates some of the world’s largest port and logistics networks, renewable energy assets, and thermal power plants.
Through its subsidiaries like Adani Green Energy, Adani Ports & SEZ, and Adani Transmission, the group is at the forefront of sustainable development, with significant investments in renewable energy and environmentally responsible projects. Known for its ambitious vision, the Adani Group continues to play a vital role in transforming India’s infrastructure landscape and supporting the nation’s transition to a low-carbon economy.
