七妹导航

Currently the group has investments of close to Rs 275 billion in sectors such as power generation and transmission gas distribution cement manufacturing and agro-processing among others in the state.

He said that sectors and projects that the group plans to invest in include four-laning of a part of NH-47 a gas link project and a micro-irrigation system.

It plans to set up mega food parks and six multi-modal logistics parks in Dhar Guna Damoh Ujjain and two in Indore. The multi-modal parks will be set up with an investment of Rs 52.50 billion Adani said.

He further added that as the second-largest cement manufacturer in the country now the group only has a manufacturing plant in Katni district. It is planning to set up three more plants in Ametha Dewas and Bhopal.

The total investment in the three plants will be around Rs 35 billion. This will almost triple cement manufacturing in the state to 7.5 million tonne per annum (MTPA)聺 Adani said.

He said that the Adani Group will invest close to Rs 390 billion in renewable energy. It will set up a major pump storage hydro project with an investment of Rs 150 billion.

Meanwhile among other investment proposals announced at the summit, Reliance Industries will invest another Rs 406 billion on telecom multi-gigawatt renewal projects and retail outlets in the state. At present, the groups total investment in the state is estimated to be around Rs 225 billion. The Aditya Birla Group said it will invest Rs 150 billion over five years across sectors.

The JSW Group plans to set up a fully-integrated cement plant in MP with an investment of Rs 36 billion. JSW Paints plans to invest Rs 45 billion in paint manufacturing units.

Also, ITC announced investments of Rs 15 billion in setting up 1000 farmer-producer organisations (FPOs) in the state. It is also planning to set up a packaging and food processing unit in the state its chairman Sanjeev Puri said at the summit.