Adani Group to invest Rs 1 lakh crore in Karnataka in next 7 years

The Adani Group has plans to invest almost ₹ 1 lakh crore over the next seven years in Karnataka as it seeks to expand its footprint in multiple sectors, Adani Ports and SEZ Limited CEO Karan Gautam Adani said today.He said having already invested over ₹ 20,000 crore in Karnataka till now, the business group is active in multiple sectors in the state, ranging from cement, power, city piped gas and edible oil to transport, logistics and digital.Adani was speaking at the inaugural function of the three-day ‘Invest Karnataka 2022’-Global Investors Meet.”When I combine all of the sectors that we will be investing (in) and we will be expanding in the state of Karnataka, we would be looking at almost ₹ 1 lakh crore of investment in the next seven years,” Adani said.As the world’s largest solar power developer, Adani Group will be investing more in the renewable energy sector in Karnataka,” he said.