Vibrant Gujarat: Adani to invest $25 billion in state over 5 years, generate 100k jobs

Gautam Adani, Chairman, Adani Group said on Wednesday at the Vibrant Gujarat Global Summit that over the next five years, the Adani Group will invest over $25 billion in the state, potentially creating over 100,000 direct and indirect jobs. “Today, I commit to further investments. We are constructing the world’s largest green energy park in Khavda, Kutch, generating 30 GW of renewable energy over 725 square km, even visible from space. We are expanding the green supply chain for an ‘Atmanirbhar’ (Self-Reliant) Bharat (India) and creating the largest integrated renewable energy ecosystem. This includes solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, and expansions in copper and cement production”, Adani said.

Thanks to India’s stock market boom, Gautam Adani now 15th richest in the world

Adani Group Chairman Gautam Adani is now the 15th richest person in the world after adding more than $12 billion in a massive rally in Adani Group stocks. Adani was back in the list of top 20 richest people in the world in November as per the Bloomberg Billionaires Index with a net worth of $82.5 billion. Adani’s wealth jumped by more than $12 billion following the rally in Adani Group stocks on Tuesday.