Adani Group Announces INR 27,900 Crore Investment Plan for Bihar, Creating 53,500 Jobs

Adani Group has announced a massive INR 27,900 crore investment plan for Bihar, aimed at creating up to 53,500 job opportunities.

The announcement was made by Pranav Adani, Managing Director of Agro, Oil & Gas, and Director of Adani Enterprises, at the ‘Bihar Business Connect’ summit in Patna. He emphasised the Group's confidence in Bihar's future and its leadership under Chief Minister Nitish Kumar. He expressed, “There can be no better validation of our faith in the leadership of CM Nitish Kumar than the humble fact that we are the largest private investor in Bihar.”

Further, speaking at the event, Pranav Adani highlighted that this investment reflects the Adani Group's strong belief in Bihar’s future and its leadership under Chief Minister Nitish Kumar. He stated, “There can be no better validation of our faith in the leadership of CM Nitish Kumar than the humble fact that we are the largest private investor in Bihar.”

Dwelling on Adani Group’s ongoing and future investments in the State, he said, “In three sectors, viz. logistics, gas distribution, and agri-logistics, we have already invested around INR 850 crore, creating nearly 25,000 direct and indirect employment opportunities."

Looking ahead, Adani announced plans for an additional INR 2,300 crore investment in these same sectors. This funding will not only significantly expand the Group’s warehousing and handling capacities but will also strengthen its presence in the electric vehicle (EV), city gas distribution (CGD), and compressed biogas (CBG) sectors. As a result, the investment is expected to generate an additional 27,000 direct and indirect jobs in the region.

Furthermore, the Adani Group is collaborating with the Bihar government to explore the possibility of investing an additional INR 1,000 crore to develop critical infrastructure projects across the State. These projects include the Gati Shakti Railway Terminals, Inland Container Depots (ICDs), and Industrial Warehousing Parks.

In another significant move, the Adani Group plans to invest INR 2,100 crore to manufacture and install over 28 lakh smart meters in five cities viz. Siwan, Gopalganj, Vaishali, Saran, and Samastipur. This project aims to automate power-consumption monitoring and is projected to create at least 4,000 local jobs in the technology segment.

Pranav Adani also revealed that the Adani Group had already initiated work on a greenfield cement plant at Warisaliganj. The Group plans to invest an additional INR 2,500 crore in Bihar to develop a cement manufacturing capacity of 10 MMTPA in multiple phases. This investment is expected to create at least 9,000 direct and indirect jobs for local residents.

Adani also expressed the Group’s interest in exploring investment opportunities in Bihar’s energy sector. The Group is looking to invest around INR 20,000 crore in setting up an ultra-supercritical thermal power plant in the state. This massive project, Adani said, is expected to generate at least 12,000 job vacancies during the pre-commissioning phase and provide around 1,500 skilled jobs during the operational phase.