The Adani Group has unveiled a massive investment plan for Andhra Pradesh. This commitment totals Rs 1,00,000 crore over the next ten years. The funds will flow into ports, cement, data centres, energy, and advanced manufacturing.
This new investment builds on a strong foundation. The group has already invested Rs 40,000 crore in the state. These prior funds supported ports, logistics, cement, infrastructure, and renewable energy projects.
Karan Adani, Managing Director of APSEZ, made the announcement. He spoke at the Andhra Pradesh Investor Summit in Visakhapatnam. There, he detailed the group’s ambitious vision for the region.
A key part of this vision is the Vizag Tech Park. This project represents a $15 billion investment. It aims to be a cornerstone of technological advancement.
The tech park will feature a hyperscale data-centre ecosystem. It is being developed in partnership with Google. Remarkably, it will be powered entirely by green energy.
Karan Adani emphasized the project’s national significance. He stated it is the foundation of India’s digital sovereignty. This highlights the strategic importance of the investment.
The job creation from existing operations is substantial. Over one lakh direct and indirect jobs have already been generated. This impact on local communities is significant.
More employment is on the horizon. The upcoming projects are expected to generate large-scale employment. This means more opportunities for the people of Andhra Pradesh.
Karan Adani praised the state’s leadership. He described Chief Minister N. Chandrababu Naidu as an institution. He called him the original CEO of Andhra Pradesh.
He also commended Minister Nara Lokesh. He noted the minister’s role in driving a culture of speed and efficiency. This startup-like governance was highlighted as a key enabler.
The Adani Group sees the state as a launchpad. It is not just an investment destination. It is viewed as crucial for India’s next decade of transformation.
The scale of the capital is impressive. However, the scale of the impact is what truly matters. This investment will support families and build futures.
This commitment signals strong confidence in Andhra Pradesh’s potential. The state is poised for significant economic growth. The Adani Group is placing a major bet on its future.