Adani Group pledges Rs 1 lakh crore investment in Andhra Pradesh

Adani Group will invest over Rs 1 lakh crore in Andhra Pradesh across ports, cement, data centres, energy and advanced manufacturing over the next decade, expanding on the Rs 40,000 crore it has already invested in the state.

Speaking at the Andhra Pradesh Investor Summit, Adani Ports & SEZ Managing Director Karan Adani said the conglomerate is consolidating its presence in southern India and will build new infrastructure, including a major AI-led data centre hub in Visakhapatnam developed in partnership with Google.

Weeks after announcing the partnership, he outlined a USD 15-billion Vizag Tech Park vision that includes one of the world’s largest green-powered hyperscale data-centre ecosystems. The combined Adani–Google investment will be deployed over the next five years and will include a purpose-built, gigawatt-scale data centre campus.

“The Adani Group’s belief in Andhra Pradesh is not new. We do not just talk about investment – we demonstrate it. So far, we have invested over Rs 40,000 crore across ports, logistics, cement, infra and renewable energy. And we are not stopping there,” he said. “Over the next ten years, we plan to invest an additional Rs 1,00,000 crore across ports, cement, data center, energy and advanced manufacturing.”

He said the group views Andhra Pradesh as a launchpad for India’s next decade of transformation. The Vizag project will be executed by AdaniConneX, a joint venture between Adani Group and EdgeConneX, supported by a subsea cable network and powered entirely by renewable energy. The group will also build transmission lines, renewable generation and energy storage systems in the state.

Karan Adani said the facility will help address India’s growing AI-related infrastructure needs. It will also collaborate with Bharti Airtel.

He described Andhra Pradesh as the eastern gateway of India and credited Chief Minister N Chandrababu Naidu for shaping the state’s industrial development. Calling Naidu an “institution”, he said the chief minister has consistently promoted technology-driven governance and long-term planning.

He said Naidu is the “original CEO of Andhra Pradesh” and that the state is positioned for renewed growth. He also praised Nara Lokesh, a minister in the state government, noting his focus on data-driven administration. “Your mantra of ‘Speed of Doing Business’ is not just a slogan, it is a lived experience for investors like us,” he said.

Karan Adani said Adani Group’s existing operations in the state have generated over one lakh direct and indirect jobs. He added that the group will match the state leadership’s “speed and scale” in upcoming ventures.

“As India marches toward Viksit Bharat 2047, and Andhra Pradesh advances toward Swarna Andhra 2047, I fundamentally believe that the road to a developed India runs through the heart of Andhra Pradesh,” he said.

(With inputs from agencies)