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Adani to invest Rs 42,768 cr in TN

Competitive intensity lower for upcoming projects
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Competitive intensity lower for upcoming projects

Chennai: The multi-business Adani Group has decided to invest a whopping Rs42,768 crore in Tamil Nadu in renewable energy, cement manufacturing, data centre, city gas distribution and generate 10,300 employment opportunities. The Group announced this decision during the Tamil Nadu Global Investors Meet 2024 held on Monday.

A Memorandum of Understanding (MoU) was also exchanged at the investors’ meeting by Karan Adani, Chief Executive Officer of Adani Ports and SEZ Limited (APSEZ) and the Tamil Nadu government.

PTI
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