Vibrant Gujarat Global Summit: Gautam Adani To Invest Over ₹2 Lakh Cr In Gujarat In The Next 5 Years

At the ongoing Vibrant Gujarat Global Summit 2024 held at Gandhinagar’s Mahatma Mandir, Gautam Adani, chairperson of Adani Group said, “We are expanding the green supply chain for an Aatmanirbhar Bharat and creating the largest integrated, renewable energy ecosystem…Over the next five years, the Adani group will invest over Rs 2 Lakh Crores in Gujarat.”

During his address at the Vibrant Gujarat Global Summit, he mentioned that this investment would generate 1 lakh jobs.

"At the previous summit, I announced our investment of over ₹55,000 crore by 2025. We have already surpassed ₹50,000 crore across the various sectors and have vastly exceeded our target of 25,000 direct and indirect jobs", he added.

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During his speech, Adani praised Prime Minister Narendra Modi‘s remarkable vision, highlighting Vibrant Gujarat as a remarkable demonstration of ambitious goals, massive scale, meticulous governance, and flawless execution.

He also emphasized that the figures from the last decade are remarkable and from 2014, India’s GDP has surged by 185 per cent, and the per capita income has seen an increase of 165 per cent. This accomplishment stands unmatched, particularly given the geopolitical tensions and pandemic adversities faced during this period.”

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This story was originally published on Free Press Journal.

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Posted In: EquitiesMarketsAdani GroupGautam Adani