Cement To Smart Meters: Adani Group To Invest Rs 2.1 Lakh Crore In Madhya Pradesh For Multiple Projects

The Adani Group pledged to invest Rs 1.1 lakh crore in Madhya Pradesh for various projects, from infrastructure to smart metering with additional investments worth Rs 1 lakh crore in advanced talks.

Billionaire Gautam Adani's conglomerate will invest in the state's pumped storage, cement, mining, smart meters and thermal energy, creating more than 1,20,000 jobs by 2030, the group said in a statement.

Adani reaffirmed the conglomerate's commitment to transforming Madhya Pradesh into one of India’s most investment-ready states under the leadership of Prime Minister Narendra Modi and Chief Minister Mohan Yadav.

“These are not just investments,” Adani said while addressing the Madhya Pradesh Global Investors Summit 2025. "These are milestones in a shared journey — a journey that will make Madhya Pradesh a national leader in industrial and economic growth."

The additional investments worth Rs 1 lakh crore — which is in advanced talks — would include a greenfield smart city project, a major airport project and a coal gasification project, Adani said.

The Group has already invested over Rs 50,000 crore in Madhya Pradesh across energy, infrastructure, manufacturing, logistics and agri-business, generating more than 25,000 jobs. "The new investments will further strengthen the state’s industrial ecosystem, aligning with India’s vision of self-reliance and innovation."

"We stand ready to support your vision of a stronger, more prosperous Madhya Pradesh," Adani said in his address.

Earlier, Adani Group said that it will invest Rs 30,000 crore in Kerala over the next five years, said Karan Adani, managing director of Adani Ports and SEZ Ltd., at the Invest Kerala Global Summit in Kochi. "Kerala is emerging as a model of development and progress, and we at the Adani Group are honoured to be part of this journey," said the Adani Ports MD.