Investors Summit: Adani to invest Rs 70,000 crore in UP, create 30k jobs
Leading industrialist Gautam Adani on Friday committed an investment of Rs 70,000 crore in Uttar Pradesh at the third edition of the UP Investors Summit in Lucknow. Speaking at the event, the billionaire investor said this investment will create 30,000 jobs in India’s most populous state. Out of this investment, Rs 11,000 crore has already been spent on projects like transmission and green energy.
“We are investing over Rs 70,000 crore in the state. We anticipate that this investment will create over 30,000 jobs,” Adani said. The group is also investing Rs 24,000 crore on road & transport infrastructure and Rs 35,000 35,000 crore on multi-modal logistics and defence sector.
