Vibrant Gujarat Global Summit: “Adani Group will invest over Rs 2 lakh crore in Gujarat” says Mukesh Ambani

Gautam Adani, the Chairman of the Adani Group, delivered a keynote address at the 10th Vibrant Gujarat Summit, expressing his pride in being part of the summit’s decade-long journey. In his address to a distinguished audience, including Prime Minister Narendrabhai Modi, Sheikh Mohamed bin Zayed al Nahyan, Chief Minister Bhupendra Patel, ministers, industry leaders, and attendees from partner countries, Adani praised Prime Minister Modi’s extraordinary vision.

He described Vibrant Gujarat as a stunning manifestation of grand ambition, massive scale, meticulous governance, and flawless execution. Adani credited the summit for igniting a nationwide movement, transforming India’s industrial landscape through competition and cooperation among states.

Adani highlighted the remarkable statistics of the past decade, stating, “Since 2014, India’s GDP has grown by 185 per cent, and per capita income by a stunning 165 per cent. This achievement is unparalleled, especially considering this decade’s geopolitical conflicts and pandemic challenges.”

Commending PM Modi’s international leadership, Adani specifically mentioned the Solar Alliance initiative and Modi’s influential role at the G20 platform. He stated, “PM has taken us from a country seeking a voice on global platforms to a nation that now creates the global platforms.”

Directly addressing the Prime Minister, Adani praised Modi’s ability not only to predict the future but to shape it. He emphasized India’s reorientation as the world’s fastest-growing nation and a global social champion, driven by philosophies of Vasudeva Kutumbakam and Vishwa Guru.

Adani shared his satisfaction with surpassing the investment target announced at the previous summit, committing to further investments and unveiling ambitious plans for the Adani Group. This includes the construction of the world’s largest green energy park in Khavda, Kutch, covering 725 square kilometers and generating 30 GW of renewable energy.

The expansion plan involves creating the largest integrated renewable energy ecosystem, including solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, and expansions in copper and cement production. Adani announced, “Over the next five years, the Adani Group will invest over Rs 2 lakh crore in Gujarat – that is USD 25 billion – thereby creating over 100,000 direct and indirect jobs.”

Expressing gratitude for the support received, Adani concluded by committing to contribute to a Vikshit Gujarat, aligning with Prime Minister Modi’s transformative goals for the state and the nation.

Chairman and Managing Director of Reliance Industries, Mukesh Ambani states, “I have journeyed from the city of the Gateway of India to the gateway of modern India’s growth – Gujarat. As a proud Gujarati…When foreigners envision a new India, their thoughts turn to a new Gujarat. How was this transformation achieved? It was due to one leader, who has risen as the most influential global leader of our times – PM Modi, the most successful Prime Minister in India’s history.”