Karan Adani Unveils ₹33,081 Crore Investment in Odisha's Future
Major Investment Announced in Odisha
File image of Karan Adani(Photo: @ani_digital/X)
Bhubaneswar, April 8: Karan Adani, the Managing Director of Adani Ports and Special Economic Zone (APSEZ), revealed plans to invest ₹33,081 crore in Odisha through three significant projects. These include a data center in Bhubaneswar, a thermal power plant, and a cement manufacturing facility near Cuttack, collectively expected to generate approximately 9,700 jobs.
The initial project involves a data center in Bhubaneswar, with an investment of ₹800 crore, aimed at bolstering the digital economy and creating around 200 jobs.
The second initiative is a substantial thermal power plant located near Cuttack, with a budget of ₹30,181 crore, anticipated to create about 7,000 jobs while enhancing power supply for both industries and households.
The third venture is a cement manufacturing unit near Cuttack, which will require an investment of ₹2,100 crore and is projected to generate around 2,500 jobs, thereby aiding infrastructure development.
Karan Adani emphasized that these projects signify a strong belief in Odisha's potential, stating, “Odisha is not just on the verge of its moment; it is already in it. The next chapter of India's industrial growth will be authored here, in this state, by its people.”
During the inauguration of these industrial projects, he underscored the Adani Group's expanding footprint in Odisha and its enduring commitment to the state's progress.
He remarked that the Adani Group is not merely investing in projects but is also dedicated to shaping Odisha's future as a prominent economic center.
“Odisha has transitioned from being a state in flux to one that has a clear vision and growth trajectory,” Karan Adani stated.
He further noted, “The credibility of Odisha's vision is grounded in reality. The resources, the people, and the governance reforms are all present.”
He concluded by highlighting the importance of decisive and large-scale development with a long-term perspective.
Karan Adani affirmed that Odisha is already a crucial player in India's economic landscape and is poised to evolve into a significant industrial and technological hub.
He reiterated that the Adani Group views itself as a long-term ally in this transformative journey.