Major industrial investment commitments announced for Gujarat at Vibrant Gujarat Regional Conference

Leading industrialists announced large investment commitments in Gujarat at the Vibrant Gujarat Regional Conference for Saurashtra-Kutch, including Reliance Industries’ Rs 7 lakh crore plan and Adani Group’s Rs 1.50 lakh crore plan over five years.
Major industrial investment commitments announced for Gujarat at Vibrant Gujarat Regional Conference
A What happened
Mukesh Ambani said Reliance Industries will invest Rs 7 lakh crore in Gujarat over the next five years, doubling its investment of the previous five years. He announced projects including an integrated green energy ecosystem in Jamnagar, a multi-gigawatt solar project in Kutch, an AI-ready data centre in Jamnagar, and a Jio AI “Intelligence Platform” starting from Gujarat. Karan Adani said Adani Group will invest Rs 1.50 lakh crore in Mundra, Kutch, over the next five years and is building an energy park in Mundra with a capacity of 37 gigawatts. Parakramsinh Jadeja announced Jyoti CNC will invest Rs 10,000 crore in manufacturing, R&D, and skill development, and B.K. Goenka said Welspun Group will invest Rs 5,000 crore to establish a pipeline manufacturing plant in Gujarat.

Key insights

  • 1

    Jamnagar positioned for green energy and digital infrastructure projects: Reliance announced plans for an integrated green energy ecosystem and an AI-ready data centre in Jamnagar, and said Jamnagar will transform from a hydrocarbon hub into a major exporter of green energy.

  • 2

    Mundra highlighted as a major energy investment location: Adani Group announced Rs 1.50 lakh crore in investments in Mundra and said it is building an energy park there with a capacity of 37 gigawatts.

Takeaways

Multiple major companies announced multi-year investment plans in Gujarat centered on green energy, manufacturing, technology, and skill development.

Topics

Climate & Environment Energy

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