January 9, 2024Anmol Nagpal

Adani Group to invest Rs 42,700 crore in Tamil Nadu

The Adani Group announced that it would invest over Rs 42,700 crore in Tamil Nadu through its various group companies.

Source: Gautam Adani

The group signed various memorandums of understanding (MoUs) at the Tamil Nadu Global Investors Meet 2024.

Source: X Photo

Adani Green Energy stated that it would invest Rs 24,500 crore – the biggest investment among the group companies – in three pump storage projects in the next 5-7 years.

Source: Adani Green

Adani Connex will invest Rs 13,200 crore in a hyperscale data centre over the next 7 years.

Source: X Photo

Ambuja Cements will invest Rs 3,500 crore in three cement grinding units.

Source: Ambuja Cements

Adani Total Gas will invest Rs 1,568 crore in the state in the next 8 years.

Source: Twitter Handle of Gautam Adani

Karan Adani called Tamil Nadu a standout example of “stability, a well-established industrial ecosystem, advanced infrastructure, total connectivity, safe and secure neighbourhoods”.

Source: ANI

He said the state boasts a diverse and highly-skilled workforce with more women in the ranks than anywhere else in the country.

Source: Adani