Adani Group Announces Rs 1 Lakh Crore Investment Plan for Andhra Pradesh's Digital and Economic Transformation

Adani Group announced on Friday their ambitious plan to invest Rs 1,00,000 crore in Andhra Pradesh over the next decade, expanding across multiple sectors including ports, cement, data centres, energy, and advanced manufacturing.

This substantial investment comes in addition to the Rs 40,000 crore the conglomerate has already invested in the state across various sectors including ports, logistics, cement, infrastructure, and renewable energy.

During the 'Andhra Pradesh Investor Summit' in Visakhapatnam, Karan Adani, Managing Director of Adani Ports and Special Economic Zone Ltd (APSEZ), unveiled the Group's visionary $15-billion Vizag Tech Park project. A highlight of this initiative includes building one of the world's largest green-powered hyperscale data-centre ecosystems in collaboration with Google.

Karan Adani revealed that existing Adani operations in Andhra Pradesh have already generated more than one lakh direct and indirect employment opportunities, with plans for creating additional large-scale jobs through upcoming projects.

In his address, he referred to Chief Minister N. Chandrababu Naidu as "an institution and the original CEO of Andhra Pradesh" while also commending Andhra Pradesh Human Resources Development, Information Technology and Electronics Minister Nara Lokesh for fostering a culture characterized by speed, efficiency, and startup-like governance.

"We see Andhra Pradesh not as a destination for investment, but as a launchpad for India's next decade of transformation. The flagship of our commitment is the Vizag Tech Park. This is not just another tech park - it is the foundation of India's digital sovereignty. We are building one of the world's largest hyperscale data-centre ecosystems, in partnership with Google, and powered by green energy," stated Karan Adani while addressing the audience.

"But what truly humbles us is not the scale of capital, it is the scale of impact. Our operations here have already generated over one lakh direct and indirect jobs, and far more is to come. That means families supported, skills developed, and futures built - right here, in this great state," he added.

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