Adani Group to Invest Rs.1 lakh Cr in AP Over Next Decade: Karan Adani

Visakhapatnam: Adani Group will invest Rs 1 lakh crore in Andhra Pradesh over the next decade, Karan Adani said on Friday. Speaking at the Andhra Pradesh Investor Summit, he said the investment will cover ports, cement, data centres, energy and advanced manufacturing.

This is over Rs 40,000 crore already deposited. Adani, the eldest son of billionaire Gautam Adani, unveiled the Group’s vision for the US$ 15 billion Vizag Tech Park, which includes creating one of the world’s largest green-energy hyperscale data center ecosystems in partnership with Google.

He said existing Adani operations in Andhra Pradesh have already created more than one lakh direct and indirect jobs and larger scale employment generation is planned through future projects.