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ADANI GROUP WILL RAISE BIHAR INVESTMENT BY 10 TIMES TO RS 8,700 CRORE




The Adani Group on Thursday announced that it will increase its investment in the state by 10 times and take it to Rs 8,700 crore by exploring some of the untouched sectors like warehouse and paddy processing. The Group said it would also launch the operations of Adani Wilmar, a food and beverage conglomerate, in the state. Pranav Adani, managing director (agro, oil and gas) and director of Adani Enterprises, who was sharing the dais with chief minister Nitish Kumar at Global Investors’ Summit, said the Group has already invested around Rs 850 crore in the state. “We will now take our investments in the state to Rs 8,700 crore. Around 10,000 people will be directly or indirectly employed in Bihar through these investments,” he added.

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