The Adani Group will invest ₹1.5 lakh crore over the next five years in Gujarat’s Kutch region, significantly expanding renewable energy generation and port infrastructure, its leadership said on Sunday.
Addressing the Vibrant Gujarat Regional Conference (VGRC) for the Kutch and Saurashtra regions in Rajkot, Karan Adani, Managing Director of Adani Ports & SEZ Ltd, outlined the group’s long-term investment roadmap in the presence of Prime Minister Narendra Modi, Gujarat Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi and industry leaders.
“The Adani Group is committed to investing Rs 1.5 lakh crore over the next five years in the Kutch region. We will complete our Khavda project and commission the full 37 GW capacity by 2030, and we will also double our port capacity at Mundra in 10 years,” Adani said.
He underlined that the proposed investments were aligned with India’s national priorities, including job creation, industrial competitiveness, sustainability and long-term economic resilience.
“At a time when the global economy faces uncertainty and fragmentation, India is emerging as a bright spot, growing close to 8 per cent, expanding its manufacturing base, and confidently progressing towards becoming a five trillion economy and the world's third largest,” he noted.
Highlighting Gujarat’s economic stature, Adani said the state contributes over 8 per cent to India’s GDP, accounts for 17 per cent of industrial output, handles nearly 40 per cent of the country’s cargo through its ports and is a leader in renewable energy deployment.
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Kutch, he said, symbolises this transformation. Once viewed as a remote and challenging terrain, the region has emerged as one of India’s most strategic hubs for industry, logistics and energy.
“As India advances towards Viksit Bharat 2047, Gujarat will remain a cornerstone of this national transformation. The Adani Group remains deeply committed to being a trusted partner in building a strong, self-reliant, and globally respected India,” he added.
The Adani Group operates Mundra Port in Kutch, one of the country’s largest commercial ports, which plays a critical role in India’s trade and logistics ecosystem.
The conference also heard from Balkrishan Goenka, Chairman of Welspun World, who said the company’s Gujarat-based facility has become the world’s largest home textile manufacturer.
Welspun currently provides direct and indirect employment to nearly one lakh people in the state. Its home textile products command over 25 per cent market share in the US and UK, and are used at global sporting events such as Wimbledon, Goenka said.
He added that Welspun is investing ₹5,000 crore in its pipeline business and aims to become the world’s largest pipe manufacturing company by the end of the year.