Our Bureau
Davos
On Wednesday, the Adani Group rolled out a $66 billion investment plan for Maharashtra. Adani is investing into aviation, clean energy, urban infrastructure, digital platforms, and advanced manufacturing to play a big part in Maharashtra’s growth story.
Adani unveiled these plans at the World Economic Forum in Davos. Adani’s team said their investment lineup shows a clear shift: they’re building big, future-focused platforms that match up with India’s priorities, think energy transition, smoother business, and making sure the country can stand on its own feet in manufacturing. In Maharashtra, these investments hinge on some pretty ambitious urban and infrastructure projects.
One of the headline projects is the massive redevelopment of Dharavi. Turning Asia’s largest informal settlement into a thriving, planned district isn’t just a facelift, it’s one of the trickiest renewal projects in India. Then there’s Navi Mumbai, which Adani sees as a huge opportunity, especially with the new Navi Mumbai International Airport opening its doors on December 25. This airport isn’t just about more flights; it’s expected to boost logistics, bring in more hotels, and spark commercial growth across the Mumbai region.
Maharashtra’s Chief Minister, Devendra Fadnavis, kept it simple: “We’ll welcome any investor, Adani or otherwise, who puts money into Maharashtra. Investments mean jobs for our youth.”
Pranav Adani, Director at Adani Enterprises, laid out the scope: they’re spreading this investment across the next seven to ten years. Some of the other big-ticket items include green, integrated data center parks with a whopping 3,000 MW capacity, a multi-use arena district near the airport, coal gasification plants, pumped-storage hydropower projects adding up to 8,700 MW, and plans to build semiconductor and display fabrication units, lining up with the government’s push for more private sector involvement.
Adani says these moves show they’re ready to go beyond just building assets, they want to create entire ecosystems, focusing on scale, integration, and sustainability. While world leaders gathered in Davos to talk about growth and resilience, Adani used the stage to show how they’re putting private money to work alongside India’s global ambitions.
