On Wednesday, August 28, the Adani Group announced its plans to invest an estimated 3,500 INR-Crore in two new ventures in Madhya Pradesh. This investment highlights the conglomerate’s expansion in central India.
Adani Group will establish a 2 MTPA (Million Tonne Per Annum) cement grinding unit in Guna and a propellant production plant in Shivpuri. The Shivpuri plant aligns with the government’s vision to position India as a defense exporter. Furthermore, the two projects are set to generate over 3,500 direct and indirect jobs.
Also Read: NHSRCL’s High-Speed Rail (Bullet Train) Projects
Adani Group has already invested more than 18,000 INR-Crore in Madhya Pradesh, covering cement, defense, road, thermal power, renewable power, and transmission sectors. Moreover, as the second largest cement producer in the country, Adani Cement aims to reach a production capacity of 140 Million Tonnes by 2028, up from approximately 80 million tonnes currently.
Biltrax Construction Data is tracking 32,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
