Adani Group will invest Rs 35,000 crore in Uttar Pradesh
Speaking at the inaugural session of the Investors Summit- 2018 here, Adani said energy, logistics, solar power, roads and agriculture are among the core sectors in which his group is working and showed interest in investing in these fields.
Indian billionaire Gautam Adani poses for a picture after an interview with Reuters at his office in the western Indian city of Ahmedabad April 2, 2014. The way billionaire Indian infrastructure-builder Adani sees it, working with the government does not make him a crony-capitalist. Adani's rapid ascent to the top tier of Indian business is often associated with the rise of Narendra Modi, the Hindu nationalist opposition leader widely expected to become India's next prime minister once the country's election ends next month. Its flagship Adani Enterprises soared 22.9 percent for its biggest daily gain on Thursday and has nearly doubled since the start of February, compared with a nearly 20 percent gain in the infrastructure index.The way billionaire Indian infrastructure-builder Gautam Adani sees it, working with the government does not make him a crony-capitalist. Adani's rapid ascent to the top tier of Indian business is often associated with the rise of Narendra Modi, the Hindu nationalist opposition leader widely expected to become India's next prime minister once the country's election ends next month. Its flagship Adani Enterprises soared 22.9 percent for its biggest daily gain on Thursday and has nearly doubled since the start of February, compared with a nearly 20 percent gain in the infrastructure index. Picture taken April 2, 2014. REUTERS
Adani Group on Wednesday said it will invest Rs 35,000 crore in Uttar Pradesh over the next five years in various sectors.
Promising to stand with the leadership in transforming the state, Gautam Adani of the Adani Group committed an aggregate investment of Rs 35,000 crores in UP. Speaking at the inaugural session of the Investors Summit- 2018 here, Adani said energy, logistics, solar power, roads and agriculture are among the core sectors in which his group is working and showed interest in investing in these fields.
“Almost 17 per cent of the total population of the country lives in Uttar Pradesh…the development story of the country cannot be written without the state,” Adani said.
