Adani Group Makes Major Announcement at Vibrant Gujarat Summit: ₹1.5 Lakh Crore Investment in 5 Years

Adani Ports & SEZ Ltd Managing Director Karan Adani announced on Sunday that the Adani Group will invest ₹1.5 lakh crore in Gujarat’s Kutch region over the next five years. He was addressing the Vibrant Gujarat Regional Conference (VGRC) in Rajkot, which was attended by Prime Minister Narendra Modi, Gujarat Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi, and several industry leaders. Karan Adani stated that the Adani Group is significantly expanding its infrastructure and energy investments in Kutch.

He explained that the company will complete the Khavda Renewable Energy Project and commission its full 37 GW capacity by 2030.  Additionally, there are plans to double the capacity of Mundra Port over the next 10 years. He emphasized that these investments align with India’s national priorities such as job creation, industrial competitiveness, sustainable development, and long-term resilience.

Gujarat Contributes Over 8% to India’s GDP

Karan Adani noted that despite uncertainties in the global economy, India is growing at a rate of nearly 8%, expanding its manufacturing base, and steadily progressing towards becoming a $5 trillion economy. He highlighted that Gujarat contributes over 8% to India’s GDP, accounts for 17% of the country’s industrial output, handles 40% of the nation’s cargo through its ports, and is a leader in the renewable energy sector.

He added that the Kutch region has become a powerful symbol of India’s transformation. What was once considered a remote and challenging area has now emerged as one of the country’s most important industrial, logistics, and energy hubs.