Adani Group Targets Investments for Uttar Pradesh's Economic Growth
Gautam Adani met with Uttar Pradesh CM Yogi Adityanath to support the state's economic goals, targeting a USD 1 trillion economy by 2030. The Adani Group plans to invest significantly in power, defense, logistics, and other sectors to achieve these targets.
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The Adani Group aims to invest in Uttar Pradesh, contributing to a projected USD 1 trillion economy by 2030 and USD 6 trillion by 2047. Key sectors include power, defense, airports, logistics, industrial parks, and data centers.
In 2022, the group announced an investment of Rs 70,000 crore, projecting the creation of 30,000 jobs. A power purchase agreement for 1,600 MW between UPPCL and Adani Power was approved by the Uttar Pradesh Cabinet.
Additionally, Adani Airports plans to invest Rs 10,000 crore for the expansion of Chaudhary Charan Singh International Airport by August 2025. The economic aspirations and investments could significantly reshape the industrial landscape of Uttar Pradesh.
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