Adani Group commits to invest Rs 12,400 crore in Telangana over next 10 years

The Adani Group, a conglomerate based in Gujarat, is poised to strengthen its footprint in Telangana with new commitments totaling Rs 12,400 crore. These commitments span across various sectors, including green energy projects, defense, cement, and data centers. At the World Economic Forum in Davos, the Adani Group formalized four memoranda of understanding (MoUs) with the Telangana government. The agreements were signed in the presence of Gautam Adani, the founder chairman of the Adani Group, and A Revanth Reddy, the Chief Minister of Telangana.