The Adani Group will invest about ₹75,000 crore in Madhya Pradesh, including ₹5,000 crore in building the Mahakal Expressway between Ujjain and Bhopal, Pranav Adani, its Managing Director (Agro, Oil and Gas) and Director of Adani Enterprises, said on Friday.
Mr. Adani made the announcement on the first day of a two-day investor summit, Invest Madhya Pradesh: Regional Industry Conclave 2024, in Ujjain, in the presence of Madhya Pradesh Chief Minister Mohan Yadav. He said that investment in the State would be made in various sectors, including roads, natural resources, cement, food processing, logistics and agri-logistics, defence manufacturing, thermal power, and renewable energy.
“Our faith in your (Mr. Yadav’s) visionary leadership will see us investing close to ₹75,000 crore in Madhya Pradesh. Of this, ₹5,000 crore will be utilised to build the Mahakal Expressway from this great city Ujjain, to Bhopal, through Indore,” Mr. Adani said, addressing the gathering of business leaders.
