Updated 23 May 2025 at 15:55 IST
In a move that could reshape the economic landscape of India's Northeast, Adani Group Chairman Gautam Adani has announced a monumental investment of Rs 1 lakh crore in the region over the next 10 years. The declaration came at the Rising Northeast Global Investors Summit held in New Delhi, attended by Prime Minister Narendra Modi, Northeast state Chief Ministers, Union Minister Jyotiraditya Scindia, and several industry leaders.
This investment, Mr. Adani said, will power transformative projects in green energy, smart meters, hydro and pumped storage systems, power transmission, roads and highways, digital infrastructure, logistics, and human capital development.
“Our focus will span smart meters, hydro, pumped storage, power transmission, roads & highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres,” Mr. Adani stated.
Read More
Take A Cue: Naveen Tahilyani Exits Tata Digital To Head Prudential Plc
Doubling Down on Regional Commitment
The announcement marks a doubling of Adani Group’s previous commitment of Rs 50,000 crore, which was made just three months ago during the Advantage Assam 2.0 summit.
“Humbled and inspired by your leadership,” Mr. Adani said, addressing PM Modi, “I announce that the Adani Group will invest an additional Rs 50,000 crore across the Northeast over the next 10 years.”
Supporting ‘Act East’ with ‘Act Fast’
Praising Prime Minister Modi’s leadership, Mr. Adani highlighted the Centre’s infrastructure push, citing Rs 6.2 lakh crore in investments in the region since 2014. He noted that the road network has doubled to 16,000 km, and the number of operational airports has increased from 9 to 18.
“This is not just policy. It is your hallmark of big thinking,” he said, referencing Modi's “Act East, Act Fast, Act First” strategy.
People-Centric Development
In addition to infrastructure, Mr. Adani stressed a people-first approach, with a strong emphasis on employment, skill-building, and entrepreneurship for local communities.
“More than infrastructure, we will invest in people. Every initiative will prioritise local jobs, local entrepreneurship, and community engagement,” he added.
Published 23 May 2025 at 12:51 IST