Vibrant Gujarat: Adani Group announces Rs 1.5 lakh crore investment in Kutch region; Reliance Industries plans to double investment from Rs 3.5 lakh crore to Rs 7 lakh crore in five years

On 11th January, the Vibrant Gujarat Regional Conference for Kutch and Saurashtra was inaugurated by Prime Minister Narendra Modi. To turn the vision of “Viksit Gujarat se Viksit Bharat” into action, key industrial players announced massive investments. In this vein, the Adani Group announced an investment of Rs 1.5 lakh crore in the Kutch region spanning the next five years.

At the event held at the Marwadi University in Rajkot, Karan Adani, Managing Director of Adani Ports and SEZ, announced that the Rs 1.5 lakh crore investment would be utilised for the expansion of renewable energy capacity, port infrastructure, and industrial projects. A major portion of this investment will be directed towards the 37-gigawatt Khavda renewable energy park by 2030, in addition to doubling the capacity of Mundra Port in the next decade.

“Every one of these investments aligns with India’s national priorities, employment generation, industrial competitiveness, sustainability, and long-term resilience,” Karan Adani said, adding that as India progresses towards Viksit Bharat 2047, Gujarat will be a cornerstone of the country’s transformation.

“The Adani Group remains deeply committed to being a trusted partner in building a strong, self-reliant, and globally respected India. Once considered remote and challenging, Kutch today has emerged as one of India’s most strategic industrial, logistics and energy hubs. For Adani Group, Mundra is our Karma Bhoomi. It is not only India’s largest commercial port and a fully integrated multimodal logistics gateway, but it is also home to India’s largest copper smelter plant, coal to PVC complex and solar manufacturing complex. Mundra demonstrates how long-term vision can transform not just a region, but also how industries can transform,” Adani continued.

Meanwhile, Reliance Industries, helmed by Mukesh Ambani, has announced major investment plans.

During the Vibrant Gujarat event on Sunday, the Reliance Industries chairman announced that his company would be doubling investments in the state from Rs 3.5 lakh crore to Rs 7 lakh crore over the next five years. Mukesh Ambani further stated that Reliance Industries would make Gujarat “India’s AI pioneer,” emphasising that Jamnagar would be transformed into a hub for AI-ready data centres and clean energy.

“At Jamnagar, we are building the world’s largest integrated clean energy ecosystem,” Ambani said, adding that this ecosystem will encompass solar, battery storage, green hydrogen and sustainable fuels.