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The Adani Group has completed or is executing projects worth Rs 2.6 lakh crore in Maharashtra out of an investment commitment exceeding Rs 6 lakh crore across sectors, including energy, aviation, urban regeneration, data centres and coal gasification, a top official of the group said. Speaking at the launch of the state's investment promotion body "Invest Maharashtra", Pranav Adani, Director of Adani Enterprises, said the group's investment blueprint was developed through commitments made at the World Economic Forum in Davos and through partnerships with the Maharashtra government. "At the World Economic Forum in Davos and through state partnerships, the Adani Group has committed to an investment blueprint exceeding Rs 6 lakh crore across critical and upcoming sectors like energy, aviation and aero-districts, urban regeneration, data centres and coal gasification. Projects worth Rs 2.6 lakh crore are already completed or under execution," he said. The investments come as Maharashtra
Adani Group Chairman Gautam Adani on Thursday announced that the conglomerate would invest more than Rs 1 lakh crore in West Bengal by 2035. Addressing a gathering after laying the foundation for a 2,000-bed hospital in the New Town area near Kolkata along with Chief Minister Suvendu Adhikari, Adani said the group would spend Rs 4,000 crore on the multi-speciality 'Adani Arogya Mandir', and the project would create 10,000 jobs. Adani Group investments in West Bengal will be in ports, logistics, power, roads and data centre, the industrialist added.
Adani Defence & Aerospace has signed a five-year agreement with Indo-Russian Rifles Pvt Ltd to supply indigenously produced 7.62x39 mm ammunition for AK-203 assault rifles being manufactured in India, creating an integrated domestic supply chain for the India-Russia rifle programme. Under the agreement, Adani Defence will supply the small-calibre ammunition required for the AK-203 programme for five years, providing an Indian source of supply and supporting continuity of ammunition availability over the contract period, according to the company. The pact brings together rifle production by Indo-Russian Rifles, or IRRPL, and ammunition manufacturing by Adani Defence, linking two parts of the AK-203 programme within India's defence manufacturing ecosystem. IRRPL was established in 2019 under an India-Russia intergovernmental agreement to manufacture AK-203 rifles for the Indian Armed Forces. Its manufacturing facility is located at Korwa in Uttar Pradesh's Amethi district. The joint
Billionaire Gautam Adani urged India's credit-rating agencies on Monday to develop broader analytical frameworks for infrastructure projects, arguing that conventional models can underestimate the economic and strategic value of large platforms that create new markets and industrial ecosystems. Speaking at the CareEdge Group Annual Summit in Mumbai, the Adani Group chairman said India did not need lower credit standards but "wider lenses" to assess infrastructure whose value extends beyond the cash flows of a single asset. "India does not need lower standards. India needs wider lenses," Adani said, calling on CareEdge to develop what he described as the world's first comprehensive credit framework for "integrated platform infrastructure." The remarks come as India accelerates investment in ports, renewable energy, power transmission, digital infrastructure and manufacturing as it seeks to build a more developed economy by 2047. Adani argued that conventional credit models, often bu