Aditya Birla Group Commits INR 50000 Crore Investment at Rising Rajasthan 2024
The Aditya Birla Group has unveiled plans to invest INR 50,000 crore in Rajasthan, spanning sectors like cement, renewable energy, telecom, and retail, announced its Chairman Kumar Mangalam Birla at the Rising Rajasthan 2024 Summit.
December 10, 2024. By Mrinmoy Dey
A key focus of the investment is an INR 6,000 crore allocation toward renewable energy projects, which are expected to be implemented within the next 1-2 years. Additionally, UltraTech Cement, the group’s cement division, aims to increase its production capacity in Rajasthan by 10 million tonnes, building on its existing capacity of 20 million tonnes in the state.
“We remain committed to scaling up our investments across our businesses,” said Birla, stressing the group’s focus on cement, telecom, fashion retail, and other industries in the state.
The group is also exploring new ventures in Rajasthan, including plans to establish a small manufacturing unit for its jewellery business, further strengthening its foothold in the region. These investments are part of a broader strategy to leverage Rajasthan’s industrial potential and drive economic growth.
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