Adani Group Unveils $66 Billion Investment Plan For Maharashtra At Davos

The Adani Group announced a massive $66 billion investment plan for Maharashtra at the World Economic Forum in Davos, covering sectors ranging from ports and logistics to renewable energy and urban infrastructure.

The announcement was made in the presence of Maharashtra Chief Minister Eknath Shinde and Deputy Chief Ministers Devendra Fadnavis and Ajit Pawar.

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"Maharashtra has always been at the forefront of India's industrial growth, and this investment reaffirms our commitment to the state," said Gautam Adani, Chairman of the Adani Group.

The investment will be spread over the next decade and is expected to create over 200,000 direct and indirect jobs in the state.

Key projects include expansion of the Dharavi redevelopment initiative, development of a major port facility in the Konkan region, and establishment of large-scale solar and wind power installations.

The state government welcomed the announcement, describing it as the largest single investment commitment in Maharashtra's history.

"This investment will transform Maharashtra's infrastructure and make it a global leader in sustainable development," said Chief Minister Shinde.

Industry analysts noted that the investment reflects growing confidence in India's economic prospects and Maharashtra's business-friendly policies.