Adani Group will invest Rs 8,700 crore in Bihar, 10,000 people will get employment, know the complete planning

Adani Group will invest Rs 8,700 crore in Bihar, 10,000 people will get employment, know the complete planning

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On the second day of Bihar Business Connect 2023 (Global Investor Summit), Adani Group has announced investment worth crores in Bihar. Adani Group will make this investment in many segments. Which includes logistics park, gas distribution, smart meter, cement, silos and food processing etc. For this, Adani Group has already invested Rs 850 crore in Bihar. Now there is a plan to increase this investment ten times to Rs 8700 crore. This investment will generate direct and indirect employment for about 10,000 people. This was announced by Pranab Pranab Adani, nephew of Gautam Adani and director of Adani Enterprises.

Rs 8700 crore investment plan

During the Global Investor Summit, Adani Group Director Pranab Adani said that I am very happy to tell Chief Minister Nitish Kumar that Adani Group is with your vision for the development of Bihar. In Bihar, Adani Group is already present in the agri-logistics sector in logistics, gas distribution and silos. Till now we have invested Rs 850 crore in it, which can create about 3000 employment opportunities. Now we want to increase our investment in Bihar by 10 times and we plan to invest Rs 8700 crore. Apart from this, there will be investment in three additional sectors and this will create 10 thousand direct and indirect employment opportunities.

Nitish Kumar is a visionary leader: Pranab Adani

Pranab Adani said that Chief Minister Nitish Kumar is a visionary leader. And today due to his popularity Bihar has become an attractive investment destination. Today Nitish ji is working with the thought of taking Bihar forward. Adani Group is with his thinking. He said that in the year 2003, when Nitish Kumar was the Railway Minister, he started the service of railway ticket booking through internet. Today this service is the busiest railway ticket booking system in the whole world. At the same time, Mudra Port Rail Link was inaugurated by Chief Minister Nitish Kumar when he was the Railway Minister. Even during that time, Nitish ji was thinking far ahead about development.

Revolutionary change took place in Bihar: Pranab Adani

Director of Adani Group said that a lot of development has taken place in Bihar, it is clearly visible. There has been a revolutionary change in infrastructure, law and order, education and farming. Due to the cycle and uniform scheme as well as livelihood, the women here have been empowered, their income and standard of living has improved significantly. Schemes like tap water to every house and Mukhyamantri Udyami Yojana for the unemployed have become examples for the country. Addressing the CM, Pranab Adani said that Chief Minister, your focus has always been on ease of doing business, single window system and providing employment to skilled youth in Bihar. Which is showing the path of rapid development to the state.

Where will Adani Group invest

Adani Group director said that we are planning to invest Rs 1,200 crore to increase our warehouse from 1 lakh square feet to more than 65 lakh square feet. In this, a big warehouse will be built in Patna and this will provide employment opportunities to 2000 people. Apart from this, there is a plan to invest Rs 900 crore in agri-logistics to increase the storage capacity from 1 lakh 50 thousand metric tons to 2 lakh 75 thousand metric tons in 6 places Purnia, Begusarai, Darbhanga, Samastipur, Kishanganj and Araria. . This will also provide employment to 2,000 people.

Pranab Adani said that we are investing Rs 200 crore to expand our existing city gas distribution network in Gaya and Nalanda. We will also build a new compressed biogas plant and EV charging center which will provide employment to 1500 people. He said that we are also considering bringing Adani Group’s FMCG company Adani Wilmar to Bihar. In the initial phase, the company will set up flour mill plant, RFM plant, solvent extraction plant, co-gen power plant here. Along with this, an investment of Rs 800 crore will be made to build paddy processing plants in Sasaram and Rohtas. This plant will provide employment to 200 people.

Director of Adani Group said that they are also entering cement manufacturing in Bihar. For this, an investment of Rs 2500 crore will be made in two places, Warsaliganj and Mahawal. The company’s target will be to produce one crore metric tons in a year. This investment is expected to provide employment to about 3,000 people. He said that smart meter manufacturing is the third area in which we are going to invest. We will install more than 28 lakh smart meters in Siwan, Saran, Gopalganj, Vaishali and Samastipur to automate power consumption monitoring. There will be an investment of Rs 3,100 crore on this. Due to which about 2000 people will get employment.

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