Will Adani Group Invest Rs 50,000 Crore in Northeast Over Next 10 Years?
Click to start listening
Synopsis
The Adani Group's Chairman, Gautam Adani, has announced a significant investment of Rs 50,000 crore in the northeastern region of India, focusing on local jobs and entrepreneurship. This commitment aligns with the vision of Viksit Bharat@2047 and aims to enhance infrastructure and community development.
Key Takeaways
- Rs 50,000 crore additional investment in the northeast.
- Focus on local jobs and entrepreneurship.
- Investment spans green energy, infrastructure, and skill development.
- Aligns with the vision of Viksit Bharat@2047.
- Promotes regional development and community engagement.
New Delhi, May 23 (NationPress) The Adani Group is set to channel an additional Rs 50,000 crore into the northeastern region over the next decade, with a strong emphasis on fostering local employment and entrepreneurship, stated its Chairman, Gautam Adani, on Friday.
This commitment brings the Adani Group's total investment pledge for the northeast to Rs one lakh crore.
Speaking at the ‘Rising North East Investors Summit,’ attended by Prime Minister Narendra Modi, the renowned industrialist outlined that the investment focus would include areas such as green energy, smart metering, hydro-pump storage, power transmission, infrastructure development, digital connectivity, logistics, and skill development through vocational training.
“Our aim is to invest in the local populace. Each initiative will emphasize local job creation, entrepreneurship, and community involvement. This aligns with the vision of Viksit Bharat@2047,” Gautam Adani remarked during the event.
The Adani Group Chairman further noted that PM Modi's call to ‘Act East, Act fast, Act first’ served as a wake-up call for the northeast region.
“Since 2014, there have been Rs 6.2 lakh crore worth of investments, doubling the road network to 16,000 kilometers and increasing the number of airports to 18 — this reflects not merely a policy but a testament to PM Modi's visionary thinking, belief, and commitment to Sabka Saath Sabka Vikas,” Gautam Adani emphasized.
Earlier in February, the Adani Group announced a substantial Rs 50,000 crore investment in Assam, marking one of the most significant investment commitments made by a corporation to the state.
“To our brothers and sisters in the northeast, we at Adani will support your dreams, your dignity, and your future,” Gautam Adani added.
The two-day summit intends to unite key stakeholders, investors, and policymakers on a common platform.
According to a statement from the Prime Minister's Office (PMO), the primary focus areas include tourism and hospitality, agro-food processing, textiles, healthcare, education, information technology, infrastructure, energy, and entertainment.
The ‘Rising North East Investors Summit’ will feature ministerial sessions, business-to-government and business-to-business meetings, startups, and exhibitions showcasing initiatives from state governments and central ministries aimed at promoting investments.
Point of View
The Adani Group's investment is a strategic move that aligns with the government's vision for development in the northeastern states. By focusing on local employment and entrepreneurship, this initiative holds the potential to significantly uplift the region's economy and enhance the quality of life for its residents.
NationPress
22/07/2025
Frequently Asked Questions
What is the total investment pledged by the Adani Group for the northeast?
The Adani Group has pledged a total investment of Rs one lakh crore for the northeastern region.
Which sectors will the investment focus on?
The investment will focus on green energy, infrastructure development, digital connectivity, and skill training among others.
When was the announcement made?
The announcement was made on May 23, 2023, during the Rising North East Investors Summit.
What is the significance of the Rising North East Investors Summit?
The summit aims to bring together stakeholders, investors, and policymakers to promote investments in the northeastern region.
How will this investment impact local communities?
The investment is expected to create local jobs, foster entrepreneurship, and enhance community engagement.
