Adani Group To Further Invest Rs 3,500 Crore In Madhya Pradesh: Karan Adani

The Adani Group has proposed to invest ₹3,500 crore in Madhya Pradesh’s Gwalior-Chambal region in the defence sector as well as set up a 2 million-tonne cement grinding unit, it announced at the State government’s investor summit in Gwalior on Wednesday (August 28, 2024).

The investment, expected to generate more than 3,500 employment opportunities, will be made by Adani Ports and Special Economic Zone Ltd (APSEZ), its managing director (MD) Karan Adani said at the Regional Industry Conclave (RIC).

While the cement grinding unit will be established in Guna district, Shivpuri district will see the company investing in a propellent project. Apart from this, the group will also set up a women-operated jacket factory in Shivpuri’s Badarwas, Mr. Adani announced.