Metro India News | ahmedabad

The Adani Group will invest Rs 1.5 lakh crore in Gujarat's Kutch region over the next five years, Karan Adani, managing director of Adani Ports & SEZ Ltd, announced on Sunday. Speaking at the Vibrant Gujarat Regional Conference in Rajkot, he said the group aims to complete the Khavda project and achieve a full 37 GW energy capacity by 2030, while doubling the port capacity at Mundra within a decade.

Adani emphasized that these investments will support India's national priorities, including job creation, industrial growth, sustainability, and long-term economic resilience. He highlighted that India’s economy is growing close to 8 per cent, expanding its manufacturing base, and moving steadily toward becoming a five trillion-dollar economy and the world’s third largest.

Gujarat, he said, contributes over 8 per cent to India’s GDP, accounts for 17 per cent of industrial output, handles 40 per cent of the nation’s cargo, and leads in renewable energy. Kutch, once considered remote, has transformed into a key industrial, logistics, and energy hub. Adani stressed that Gujarat will continue to play a central role in India’s growth toward Viksit Bharat 2047, with the group committed to being a reliable partner in national development.

In the same conference, Balkrishan Goenka, chairman of Welspun World, highlighted the company’s Gujarat facility as the world’s leading home textile producer, employing around one lakh people. Welspun holds over 25 per cent of the US and UK market share, with products used in prestigious events like Wimbledon. He added that the company is investing Rs 5,000 crore in pipe manufacturing and expects to become the world’s largest pipe producer by year-end.

The investments by Adani and Welspun underline Gujarat’s growing prominence as a hub for industrial and energy development.