Adani Group to invest Rs 1 lakh crore to bolster northeast’s economic development

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New Delhi, May 23 (IANS) In a significant boost to the economic prospects of the northeastern region, Adani Group Chairman Gautam Adani on Friday announced a Rs one lakh crore investment commitment for Assam and the broader northeastern region over the next decade.

Speaking at the ‘Rising Northeast Global Investors Summit’ in New Delhi in the presence of Prime Minister Narendra Modi and Chief Ministers of the northeast states, Union Minister Jyotiraditya Scindia and an assembly of senior leaders and industrialists, Gautam Adani said his group’s investment will focus on green energy, power transmission, roads, digital infrastructure, logistics and human capital development.

“Our focus will span smart meters, hydro, pumped storage, power transmission, roads and highways, digital infrastructure, logistics, as well as capacity-building through skilling and vocational training centres,” the billionaire industrialist announced.

This commitment doubles the Rs 50,000 crore investment announced by the Adani Group just three months ago at the ‘Advantage Assam 2.0’ summit in February.

“Humbled and inspired by your leadership,” Gautam Adani said, while addressing PM Modi, “I announce that the Adani Group will invest an additional Rs 50,000 crore across the northeast over the next 10 years.”

In his address, Gautam Adani praised the transformation of the northeast under PM Modi’s leadership, citing the massive infrastructure push that includes Rs 6.2 lakh crore of investment since 2014, the doubling of the road network to 16,000 km and the expansion of operational airports from 9 to 18.

He credited the Prime Minister’s ‘Act East, Act Fast, Act First’ doctrine as a turning point for the region’s development. “This is not just policy. It is your hallmark of big thinking,” said Gautam Adani.

Underscoring a people-first approach, Gautam Adani emphasised that beyond physical infrastructure, the Adani Group’s investments will prioritise job creation, entrepreneurship, and community engagement. “More than infrastructure, we will invest in people. Every initiative will prioritise local jobs, local entrepreneurship, and community engagement,” he said.

Reaffirming the Group’s alignment with the national goal of Viksit Bharat 2047, the Adani Group Chairman concluded with a message of partnership: “To our brothers and sisters of the northeast, we at Adani will stand beside your dreams, your dignity and your destiny.”

The announcement positions the Adani Group as a key private sector player in the northeast’s economic transformation, promising long-term impact across energy, connectivity, and livelihoods.

–IANS

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