Adani Group, an energy-to-ports conglomerate, has announced plans to invest 60,000 crore in mineral exploration, energy, agriculture, renewable energy, and coal sectors. However, the group did not provide investment timelines.
“During a one-on-one meeting with Madhya Pradesh Chief Minister Shivraj Singh Chouhan on the sidelines of the two-day Global Investors Summit (GIS) here, Pranav Adani, managing director (Agro, Oil & Gas), and director of Adani Enterprises, stated that his group intends to invest 60,000 crore in the areas of mineral, energy, agriculture, renewable energy, and coal,” according to an official release.
According to details, the group intends to establish a hospital in Madhya Pradesh and will run skill development centres as needed to train the state’s youth. According to the release, the MP CM also informed him about opportunities to establish food processing units in the state. While speaking at the GIS summit, Aditya Birla Group CEO Kumar Mangalam Birla stated that his company intends to invest Rs 15,000 crore in the state.