The Adani Group announced on Thursday that it would invest an additional Rs 8,700 crore in Bihar, including cement manufacturing, logistics, and agriculture.
Adani Enterprises has already invested Rs 850 crore in Bihar, according to Pranav Adani, Director, of the company. Adani spoke at the Bihar Business Connect-2023, a two-day global investors summit that ended on Thursday.
“Our group has decided to invest Rs 8,700 crore in additional sectors in Bihar. This will create direct or indirect employment for approximately 10,000 people in the state,” Adani said.
On Thursday, Bihar Chief Minister Nitish Kumar released the Bihar Logistics Policy 2023 as well as a coffee table book (produced by the state industries department).
However, Kumar did not address the gathering.
“Bihar is now an attractive investment destination in the country. We are currently present in logistics, gas distribution, and agro-logistics, with an investment of Rs 850 crore, generating direct or indirect employment for 3,000 individuals. Now, we aim to increase our investment around 10-fold,” Adani said.
