Karan Adani, the Managing Director of Adani Ports and Special Economic Zone (APSEZ), revealed plans to invest Rs 33,081 crore in Odisha through three projects. These projects include a data center in Bhubaneswar, a thermal power plant, and a cement manufacturing unit near Cuttack, collectively generating 9,700 job opportunities. The data center in Bhubaneswar, with an investment of Rs 800 crore, aims to bolster the digital economy and create approximately 200 jobs.
The second project entails a substantial thermal power plant near Cuttack valued at Rs 30,181 crore, expected to provide employment for about 7,000 individuals while enhancing power supply for industries and households. The third initiative involves establishing a cement manufacturing unit near Cuttack with an investment of Rs 2,100 crore, set to create around 2,500 jobs and facilitate infrastructure development.
Karan Adani emphasized that these projects signify a strong belief in Odisha’s industrial potential. He expressed confidence that Odisha is not just approaching its moment but is actively immersed in it. Adani highlighted the company’s expanding footprint in Odisha and its enduring dedication to the state’s progress.
Adani Group’s investments are not merely financial but are aimed at shaping Odisha’s future as a significant economic center. Karan Adani stressed that Odisha has a clear growth trajectory and is well-positioned for economic advancement. He underscored the state’s abundant resources, competent workforce, and ongoing governance reforms as pillars supporting its vision.
Karan Adani affirmed that Odisha is pivotal to India’s economic landscape and will evolve into a key industrial and technological hub. He reiterated the Adani Group’s commitment to being a steadfast partner in Odisha’s journey towards sustained growth.
