Karan Adani announced that the Adani Group will invest Rs 1 lakh crore in Andhra Pradesh over the next 10 years, expanding across ports, cement, energy, data centres and advanced manufacturing, along with unveiling a USD 15-billion Vizag Tech Park vision
-1763100572516_d.png "Adani Group to invest Rs 1 lakh crore in Andhra Pradesh over next decade: Karan Adani")
Adani Group to announce Rs 1 lakh crore invest plan for Andhra Pradesh. File Pic
Adani Group will invest Rs 1 lakh crore over the next decade in Andhra Pradesh, Karan Adani said on Friday.
Speaking at Andhra Pradesh Investor Summit, he said the investment will span across ports, cement, data centres, energy and advanced manufacturing.
This is over and above the Rs 40,000 crore already invested.
Adani, eldest son of billionaire Gautam Adani, unveiled the Group's USD 15-billion Vizag Tech Park vision, which includes building one of the world's largest green-powered hyperscale data-centre ecosystems in partnership with Google.
He said existing Adani operations in Andhra Pradesh have already created over one lakh direct and indirect jobs, with more large-scale employment generation planned through upcoming projects.
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