Bhubaneswar/Ahmedabad, July 2 (IANS) In a significant development, the Adani Group on Thursday announced to build a mega aluminium plant in Odisha, along with Abu Dhabi-based International Holding Company (IHC), with a proposed investment of $11.5 billion (nearly 1.08 lakh crore). At the MoU signing ceremony for the proposed aluminium project in Bhubaneswar, Karan Adani, Managing Director of Adani Ports and Special Economic Zone Limited (APSEZ), said the “Adani Project represents ambition at a…
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Bhubaneswar/Ahmedabad, July 2 (IANS) Karan Adani, Managing Director of Adani Ports and Special Economic Zone Limited (APSEZ), on Thursday said that for Adani Group, Odisha is the heart of eastern India’s economic development, as the company announced a landmark aluminium plant here, along with Abu Dhabi-based International Holding Company (IHC), with a proposed investment of $11.5 billion (nearly 1.08 lakh crore).Addressing the gathering, Karan Adani said that Adani Group Chairman, Gautam Adan…
Ahmedabad, June 22 (IANS) Ambuja Cements on Monday said it has partnered with Leilac Limited, a UK-headquartered clean technology company, to develop one of the world’s largest commercial-scale pathway for low-carbon cement production at Sanghipuram in Kutch, Gujarat.Once successful, the project could be scaled up by 7 to 8 times to capture more than one million tonnes of carbon dioxide annually, helping establish a scalable pathway for low-carbon cement production in India and beyond.”The cem…
Visakhapatnam, April 28 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu, along with Union Minister for Electronics and Information Technology Ashwini Vaishnaw, laid the foundation stone for the Google Cloud India AI Hub in Visakhapatnam, marking the beginning of a new era in the state’s technological journey.Google is going to invest $15 billion in the project, making it one of the largest foreign direct investments (FDIs) in India’s history.The data centre with a total capacity of…
Bhubaneswar, April 8 (IANS) Karan Adani, Managing Director of Adani Ports and Special Economic Zone (APSEZ), on Wednesday announced to invest Rs 33,081 crore in Odisha across three projects — a data centre in Bhubaneswar and a thermal power plant and a cement manufacturing unit near Cuttack — that will create a total of 9,700 jobs.The first project is a data centre in Bhubaneswar with an investment of Rs 800 crore, which he said will support the digital economy and create around 200 jobs.The s…
New Delhi, April 2 (IANS) Adani Group Chairman Gautam Adani on Thursday visited the magnificent Ram Temple in Ayodhya, along with his family. The prominent industrialist, delighted to visit the birthplace of Lord Ram after the temple’s inauguration in 2024, offered prayers to Ram Lalla and sought blessings.Adani’s visit to the Ram Mandir coincides with the Hanuman Jayanti celebrations — the day marking the birth of Lord Hanuman.Gautam Adani was accompanied by his wife, Priti Adani and son Kar…
New Delhi, March 13 (IANS) As global supply chains face recurring disruptions from geopolitical tensions and shifting trade routes, resilient infrastructure and logistics networks will be critical to sustaining economic growth, said Karan Adani, Managing Director (MD), Adani Ports and Special Economic Zone (APSEZ), and Director, Adani Cement, at the annual leadership summit of a media group here on Friday.He noted that the ongoing crisis in West Asia has highlighted the vulnerability of global t…
New Delhi, Feb 21 (IANS) The recognition truly belongs to the people who work tirelessly across the Adani Group, Karan Adani, Managing Director of Adani Ports and SEZ Limited, said on Saturday, after he was honoured as Business Leader of the Year at the Foundation Day of All India Management Association (AIMA).After receiving the award, Karan Adani expressed humility and gratitude, calling the honour a collective achievement rather than a personal one.He dedicated the award to employees of the A…
New Delhi, Feb 21 (IANS) Adani Group wants to give more opportunities to students from tier-3 and tier-4 cities as young people from smaller towns have strong drive and determination and will play a key role in the company’s future growth, Karan Adani, Managing Director of Adani Ports and SEZ Limited said on Saturday.Speaking at the Platinum Jubilee (70th) Foundation Day and 20th National Management Day event of the All India Management Association here, he outlined the group’s transformatio…
New Delhi, Feb 21 (IANS) Artificial intelligence will not replace human beings entirely but will act as an efficiency enhancer, enabling fewer people to deliver higher output, Karan Adani, Managing Director of Adani Ports and SEZ Limited, said on Saturday.Speaking at the Platinum Jubilee (70th) Foundation Day and 20th National Management Day event organised by the All India Management Association in the national capital, Karan Adani said AI should be seen as a powerful tool that improves product…