Adani Group to invest over Rs 1 lakh crore in Andhra Pradesh: Report

Speaking at a state event on Friday, Karan Adani said the investments are aimed at expanding the conglomerate's infrastructure footprint in the southern state and strengthening its long-term presence in high-growth sectors.

In Short

• Adani Group to invest over Rs 1 lakh crore in Andhra Pradesh
• Focus on data centres, cement and logistics sectors
• Aim to expand infrastructure footprint in southern India

Adani Group plans to invest over Rs 1 lakh crore in Andhra Pradesh across sectors such as data centres, cement and logistics, Reuters reported, quoting Adani Ports Managing Director Karan Adani.

Speaking at a state event on Friday, he said the investments are aimed at expanding the conglomerate’s infrastructure footprint in the southern state and strengthening its long-term presence in high-growth sectors.

(More details awaited)

- Ends