Adani Group to invest additional Rs 50,000 crore in NE over next decade
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New Delhi: The Adani Group has announced an additional Rs 50,000 crore investment in the northeastern region over the next decade, prioritising local jobs and entrepreneurship, Chairman Gautam Adani stated on Friday.
With this, the Adani Group has pledged Rs one lakh crore investments for the northeast.
Addressing the ‘Rising North East Investors Summit’ in the presence of Prime Minister Narendra Modi, the billionaire industrialist outlined plans focusing on green energy, including smart meters, hydro-pump storage, power transmission, roads and highways, digital infrastructure, logistics, and capacity building through skilling and vocational training centres.
“We will invest in people. Every initiative will prioritise local jobs, local entrepreneurship and community engagement. This is what Viksit Bharat@2047 is all about,” Gautam Adani told the gathering.
The Adani Group Chairman further stated that when PM Modi said, ’Act East, Act fast, Act first,’ he gave the northeast a wake-up call.
The Adani Group in February announced a massive Rs 50,000 crore investment in Assam, marking one of the highest-ever investment commitments by a business group to the state.
“To our brothers and sisters in the northeast, we at Adani will stand beside your side, your dreams, your dignity and your destiny,” Gautam Adani added.
The two-day summit aims to bring together key stakeholders, investors and policymakers on a single platform.
A Prime Minister's Office (PMO) statement outlined key focus sectors for investment, including tourism and hospitality, agro-food processing and allied industries, textiles, handloom and handicrafts, healthcare, education and skill development, IT and IT-enabled services, infrastructure and logistics, energy, and entertainment and sports.
The ‘Rising North East Investors Summit’ will feature ministerial sessions, business-to-government and business-to-business meetings, startup showcases, and exhibitions highlighting policy initiatives by state governments and central ministries to promote investment.
(inputs from IANS)