Top Indian corporates, including Adani group, Mahindra group and Aditya Birla group, announced big ticket investments in Rajasthan on Monday.

Aditya Birla Group Chairman Kumar Mangalam Birla said his group plans to invest ₹50,000 crore across cement, renewables, telecom, and retail in the coming years. Addressing the Rising Rajasthan Summit in the presence of Prime Minister Narendra Modi, Kumar Mangalam Birla said, “Across our businesses, we are committed to significantly scaling up our investments. I foresee the group investing over ₹50,000 crore in the next few years.”

Adani Group unveiled ₹7.5 lakh crore investment plan. The announcement was made by Adani Ports and SEZ Ltd Managing Director Karan Adani. “Beyond energy, Rajasthan is critical to our ambition to become India’s largest cement company. We will set up four new cement plants to build an additional capacity of 6 million tonne per annum in the state,” Adani said.

Mahindra Group

Mahindra Group’s solar division has committed to investing ₹11,000 crore , a top official of the group said. While speaking at Rising Rajasthan Global Investment Summit, Mahindra Group Chairman Anand Mahindra said the company has set up 1.1 gigawatt solar capacity in Rajasthan. “Our solar division has erected over 1.1 GW in Rajasthan and already committed investment of over ₹11,000 crore to achieve an additional 2.8 GW capacity,” Mahindra said.