Billionaire Gautam Adani has unveiled plans for a Rs 2 lakh crore investment in Gujarat over the next five years. The investment will mainly focus on setting up the world’s largest clean energy project, which Adani says will be visible even from space. Adani aims to create an integrated renewable energy ecosystem, covering various areas like solar panels, wind turbines, hydrogen electrolysers, green ammonia, PVC, as well as expanding copper and cement production. This investment is expected to create 1 lakh jobs and contribute to India’s goal of achieving self-reliance or Atmanirbhar Bharat.

During the inaugural ceremony of VGGS 2024, Adani praised Prime Minister Narendra Modi’s vision and efforts in reshaping India’s industrial landscape. Adani highlighted the remarkable growth that India has achieved since 2014, with GDP increasing by 185% and per capita income by 165%. He also praised Modi for his leadership and efforts in creating a more inclusive world order, such as conceptualizing the Solar Alliance platform and adding the Global South to the G20. Adani emphasized that under Modi’s leadership, India is becoming the world’s fastest-growing nation and positioning itself as a global champion. Adani concluded his address by expressing confidence in India’s future and its potential to shape the global future.

The investment by Adani Group is seen as significant for Gujarat and India as it aligns with the government’s focus on clean energy and self-reliance. The integrated renewable energy ecosystem planned by Adani has the potential to revolutionize the clean energy sector in India and contribute to the country’s sustainable development goals. The investment is also expected to boost job creation and economic growth in Gujarat.

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