1 hr ago
Maharashtra Investment Push Targets Energy, Aviation and Digital Infrastructure
Maharashtra has launched a new effort to attract and carry out investments.
Pranav Adani said the focus will include energy, airports, city development and digital facilities.
The Adani Group says it plans to invest more than Rs 6 lakh crore in the state.
It says projects worth about Rs 2.6 lakh crore are already finished or being built.
Maharashtra wants its economy to reach one trillion dollars by 2030.
The Mumbai Metropolitan Region is expected to be an important part of that goal.
Navi Mumbai International Airport is being built to serve the region and could eventually serve more than 90 million passengers each year.
Adani also said more renewable energy and stronger power connections are being developed in Mumbai.
Pranav Adani said Maharashtra’s investment drive will focus on energy, aviation, urban development and digital infrastructure.
Adani Group has announced an investment blueprint exceeding Rs 6 lakh crore across multiple sectors in Maharashtra.
Projects worth approximately Rs 2.6 lakh crore have already been completed or are under execution, according to Adani.
Maharashtra is targeting a one-trillion-dollar economy by 2030, with the Mumbai Metropolitan Region expected to play a central role.
Navi Mumbai International Airport is expected eventually to handle more than 90 million passengers annually.
- Who
- Pranav Adani, the Adani Group and the Maharashtra government.
- What
- Maharashtra launched “Invest Maharashtra,” an investment-promotion mechanism focused on converting investor interest into projects.
- Where
- Mumbai, Maharashtra, with projects planned across the state and the Mumbai Metropolitan Region.
- When
- The initiative was launched on October 1.
- Why
- To attract investment, support Maharashtra’s one-trillion-dollar economic target by 2030 and accelerate infrastructure development.
Key facts
- Investment blueprint
- More than Rs 6 lakh crore committed by the Adani Group across sectors.
- Completed or underway
- Projects worth about Rs 2.6 lakh crore have been completed or are under execution, according to Pranav Adani.
- Maharashtra’s target
- A one-trillion-dollar economy by 2030.
- Airport capacity
- Navi Mumbai International Airport is eventually expected to handle more than 90 million passengers annually.
- Renewable power
- More than 60 per cent of Adani Group power supply in Mumbai is sourced from renewables.
- Power transmission
- A 1,000 MW high-voltage direct current transmission link is cited as part of Mumbai’s power-resilience efforts.
Quotes
Pranav Adani
Adani Group executive speaking at the launch of Invest Maharashtra
“Maharashtra represents one of our country's most remarkable economic powerhouses. When global and domestic enterprises look at this state, they see governance, connectivity, execution capability and boundless human potential.”
NDTV
“With the launch of 'Invest Maharashtra', the state is establishing a robust mechanism to convert investor intent into relentless on-ground execution.”
NDTV
Sources
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