Adani Group to invest Rs 42,700 crore in Tamil Nadu

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Gautam Adani led Adani Group has recently announced about investing Rs 42,700 crore in Tamil Nadu. This can be the biggest investment from the company group so far.

Details about the investments, Adani Connex will invest Rs 13,200 crore in a hyperscale data centre over the next 7 years, while Ambuja Cements will invest Rs 3,500 crore in three cement grinding units. Adani Total Gas will invest Rs 1,568 crore in the state in the next 8 years and in three pump storage project for next 5-7 years.

Further, the company signed Mou in the presence of Tamil Nadu CM MK Stalin, state industries minister TRB Rajaa, and Adani Ports and Special Economic Zone MD, Karan Adani.

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