Adani Group announced a $11.5 billion plant in Odisha through a joint venture with an Abu Dhabi-based company.
6 reports, 4 independent
Updated Jul 3
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What happened
Adani Group announced a $11.5 billion plant in Odisha through a joint venture with an Abu Dhabi-based company.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Adani Group establishes an aluminium plant in Odisha while operating from its Ahmedabad headquarters.Sub-event
- The Adani Group has signed an MoU with the state of Odisha to invest and accelerate the region's growth trajectory.Sub-event
Adani Group partners with an Abu Dhabi company to build a $11.5B plant in Odisha.1 source
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The entities involved
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Adani Group
Indian conglomerate
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Odisha
state in Eastern India
Related events
- Adani Power, a major Indian thermal power generator, is a subsidiary of Adani Group.
- Adani Group is based in India and operates globally, with Gautam Adani leading the conglomerate through market cycles.
- MSCI index inclusion drove passive investor demand for Adani stocks, while a recent report sparked a selloff in group shares.
- Odisha is leveraging its potential as a manufacturing destination in eastern India, with officials highlighting its capacity for semiconductor investment and presenting indigenous chips to the Prime Minister.
- PM Modi promotes rapid development in Odisha.