Adani Group to Invest ₹1.10 Lakh Crore in Madhya Pradesh, Additional ₹1 Lakh Crore in Pipeline
The Adani Group has announced an investment of ₹1,10,000 crore in Madhya Pradesh across multiple sectors, including pumped storage, cement, mining, smart meters, and thermal energy. The investment is expected to generate 1,20,000 jobs by 2030. The announcement was made during the Madhya Pradesh Global Investors Summit 2025.
Chairman Gautam Adani stated that the group’s commitment to Madhya Pradesh is based on the state’s evolving investment environment. He emphasized that these investments will contribute to the economic growth of the region and align with India's broader development goals.
Adani Group has already invested ₹50,000 crore in Madhya Pradesh across various sectors such as energy, infrastructure, manufacturing, logistics, and agri-business. These investments have created more than 25,000 jobs. The fresh round of investments is expected to expand industrial activity and create new employment opportunities.
Apart from the confirmed investment of ₹1,10,000 crore, the company is in advanced discussions for an additional ₹1,00,000 crore investment. This includes projects such as a greenfield smart city, a major airport, and a coal gasification facility. These projects, once finalized, will further boost economic activity in the state.
A significant portion of the investment will go into pumped storage projects. Pumped storage is an energy storage technology that helps in balancing electricity supply and demand, especially with the increasing use of renewable energy. The focus on this sector is in line with India's efforts to improve energy infrastructure and reliability.
The cement sector will also receive substantial investment. Adani Group has been expanding its cement business in India, and Madhya Pradesh is expected to play a key role in this growth. The investment in cement production will contribute to the construction and infrastructure sectors in the state.
The thermal energy sector is another area where funds will be allocated. Despite the growing focus on renewable energy, thermal power remains a critical component of India’s electricity generation. The investment in thermal energy projects will ensure stability in power supply.
Mining is another area of focus. Madhya Pradesh has significant mineral resources, and the investment in mining activities will contribute to industrial growth. Smart meters, which help in efficient electricity consumption and monitoring, are also part of the investment plan. The introduction of smart meters will improve energy efficiency in households and industries.
The proposed greenfield smart city project will involve the development of a new urban center with modern infrastructure and facilities. Smart cities are designed to enhance urban living through technology-driven solutions in transportation, utilities, and governance.
The major airport project is aimed at improving connectivity within the state and with other regions. Better air connectivity can attract businesses and investments, contributing to overall economic development.
The coal gasification project is focused on utilizing coal resources more efficiently. Gasification is an advanced technology that converts coal into synthetic gas, which can be used for power generation and industrial applications. This initiative is in line with India’s goal of utilizing domestic coal reserves in a more sustainable manner.
Following the announcement, most Adani Group stocks traded lower on Monday. Adani Energy Solutions recorded a minor gain, while stocks like Adani Green Energy, Adani Power, and Ambuja Cement saw declines. The market movement was influenced by broader economic trends rather than the specific investment announcement.
The projects are expected to enhance infrastructure, generate employment, and contribute to industrial growth. With additional investment discussions underway, Madhya Pradesh is likely to see increased economic activity in the coming years.
