Guwahati, May 23 (UNI) Gautam Adani, Chairman of the Adani Group, on Friday announced a fresh investment commitment of Rs 50,000 crore to be deployed across the Northeast region of India over the next ten years, reinforcing the conglomerate’s long-term vision for development in the area.
Delivering a key address, Adani highlighted that this new investment follows an earlier infusion of Rs 50,000 crore made three months ago in Assam alone.
The group’s expanded focus will encompass green energy projects, including smart meters, hydro-pumped storage, and power transmission systems. Infrastructure development in roads, highways, digital connectivity, logistics, and human capital through skilling and vocational training centres will also form core components of the plan.
Emphasising the group’s commitment to the people of the Northeast, Adani stated, "More than building infrastructure, we are committed to investing in people. Every initiative we undertake will prioritise local employment, support for local entrepreneurship, and deep community engagement. This is the true spirit of Viksit Bharat 2047."
Addressing Prime Minister Narendra Modi, Chief Ministers of the Northeast states, and the Minister for the Northeast, he pledged collaborative efforts to realise shared development goals. "We stand beside the dreams, dignity, and destiny of the people of the Northeast," he affirmed.
On PM Modi's Act East Act First policy, Adani said, Since 2014, the PM made 65 personal visits to the region and the region saw ₹6.2 lakh crore investment, during which time the road network has expanded to 16,000 kilometres and the number of airports has doubled to 18. "This is not just policy; this is the hallmark of bold thinking – a reflection of your (PM) beliefs and convictions,” Adani said addressing the Rising NorhEast Investors Summit here.
The new investment commitment is expected to further accelerate the region’s economic growth and socio-economic development in alignment with the national vision of a developed India by 2047.
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