Adani Group INR 33,081 Crore Investment Strengthens Odisha Economy

Adani Group INR 33,081 crore investment is set to strengthen Odisha’s economy, with major projects across power, data infrastructure, and cement manufacturing announced today.

The Adani Group INR 33,081 crore investment targets long-term growth, job creation, and stronger infrastructure in the state.

Adani Group confirmed the plan during a state-led investment push, outlining three key developments. The largest share will go into a massive thermal power plant near Cuttack, aimed at strengthening energy supply for industries and urban demand. This single project is expected to generate thousands of jobs and support future industrial expansion.

Alongside this, the group will build a data center in Bhubaneswar, tapping into rising demand for digital infrastructure, cloud services, and AI-driven technologies. A cement manufacturing unit is also part of the plan, designed to meet growing construction needs as Odisha ramps up infrastructure development.

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Officials said the combined projects could create close to 10,000 direct and indirect jobs. The move aligns with Odisha’s ambition to scale its economy significantly over the next two decades, positioning itself as a key industrial and technology hub.

The Adani Group INR 33,081 crore investment reflects a broader strategy that blends energy, digital capacity, and core manufacturing. By covering these sectors together, the investment is expected to create a ripple effect across supply chains, logistics, and local businesses.

Karan Adani emphasized the group’s long-term commitment to the state, highlighting Odisha’s potential as a high-growth region driven by resources, infrastructure, and a skilled workforce.

"Growth without reliable power is growth that stalls. This plant will bring stability to the grid, security to industries, and predictability to millions of households and MSMEs whose future depends on consistent electricity," Karan Adani stated.