The Adani Group is also going to develop a state-of-the-art propellant production facility at Shivpuri: Mr Karan Adani
In the Regional Industrial Conclave organized in Gwalior, Madhya Pradesh, Karan Adani, Chief Executive Officer of Adani Port and Special Economic Zone Ltd said, Honourable Chief Minister, Shri Mohan Yadav ji, Honourable Union Minister for Communications and Development of North East region Shri Jyotiraditya Scindia ji, Member of the Madhya Pradesh Legislative Assembly and Former Union Minister Shri Narendra Singh Tomar ji, distinguished administrators, friends from the industry, entrepreneurs, other speakers, and my dear friends, Namaste!
I am honoured by the opportunity to address a gathering of so many eminent personalities – at the 2024 Regional Industrial Conclave. I am also humbled to stand before all of you today, in this historic city of Gwalior. The unparalleled story of India’s independence is never complete without the inspiring history of Gwalior, whose significance extends across India’s history, culture, heritage, and architecture.
Gwalior has produced great leaders such as Swargiya Rajmata Vijaya Raje Scindia ji, Swargiya Shri Madhavrao Scindia ji. And, today, we have amidst us the dynamic Shri Jyotiraditya Scindia ji, who is the bridge between Gwalior’s glorious past and its bright future.
Friends, we are witnessing a remarkable period of progress in India – an era of amazing growth. Under the visionary leadership of our Honourable Prime Minister Shri Narendra Modi ji, and ably aided by leaders such as Shri Jyotiraditya Scindia ji, India is undergoing a remarkable transformation. As the Civil Aviation Minister, Scindia ji played a vital role in transforming India’s aviation landscape.
However, this remarkable transformation across the nation is complemented at the state level by exemplary leaders such as Dr. Mohan Yadav ji. Under him, Madhya Pradesh is becoming a stand-out example of economic growth.
I am proud to say that the Adani Group is deeply committed to this great development vision at both the national level and the state level. In the state of Madhya Pradesh, we have already invested about INR 18,250 crore and created 12,000 jobs across sectors such as cement, defence, road, thermal power, renewables power and transmission.
Gwalior is fast becoming a tourism hotspot and a pool of high-quality talent and also a key transportation and trade hub. All these are making Gwalior one of India’s emerging economic centres, attracting investments across sectors.
The Adani Defence facility at Gwalior is the country’s largest small arms plant and has positioned Madhya Pradesh as a global hub for small arms manufacturing. And today, I’m proud to announce two more projects:
The Adani Group plans to set up a 2 MTPA cement grinding unit in Guna. The Adani Group is also going to develop a state-of-the-art propellant production facility at Shivpuri. This unit in Shivpuri is strategically aligned with the Aatmanirbharta mission of transforming India from a defence importer to a defence exporter. These two projects would result in an investment of INR 3500 crore and create over 3500 direct and indirect jobs.
Through the Adani foundation, we have impacted 80,000 households and touched 3 lakh lives across Madhya Pradesh through our healthcare, education, sustainable livelihoods and women empowerment initiatives.
I am proud to announce, that the Adani foundation will set up a jacket production center in Badarwas, which will be run 100% by women as a part of our women empowerment initiative.
Honourable Chief Minister, the optimism we all share about India, Madhya Pradesh and Gwalior in particular is nothing short of exhilarating. The growth potential that is waiting to be tapped is the result of your relentless commitment and drive towards growth and development of the region. You are transforming Madhya Pradesh into our nation’s Mukhya Pradesh. And the Adani group is deeply committed to playing a small role in this journey. Once again, I am grateful for the opportunity to speak at this conclave.
