- Tuesday, February 25, 2025
The event is the state government’s outreach to business leaders to invite investment and fulfil its promise to generate jobs.
By: Shubham Ghosh
INDIAN conglomerate Adani Group has planned to make an investment of Rs 8,700 crore (£820.3 million) in various sectors in the eastern state of Bihar and this would generate direct and indirect jobs for nearly 10,000, Adani Enterprises director Pranav Adani on Thursday (14) said.
He was speaking at the plenary session of Bihar Business Connect 2023.
The event is the state government’s outreach to business leaders to invite investment and fulfil its promise to generate jobs.
Adani said the state is seen as an attractive destination for investment.
“The change is visible, especially in social reforms, law and order situation, literacy and women empowerment,” he was quoted as saying by India’s NDTV.
Adani said the conglomerate is with the vision of Nitish Kumar, the chief minister of Bihar. He said the company had already invested Rs 850 crore (£80.1 million) in the state in sectors such as logistics and gas distribution and has created about 3,000 direct and indirect employment opportunities.
“We now want to make our investment 10 fold,” Adani said, adding that the investment plan of Rs 8,700 crore would see the group working on new sectors in the eastern state.
It was also reported that the Adani Group is assessing the possibility to bring Adani Wilmar Group, a joint venture working in the sector of food and beverages, to Bihar. The group has also planned to begin manufacturing cement in Bihar and the aim is to produce 10 million metric tonnes and create about 3,000 job opportunities.
