Karan Adani, Managing Director of Adani Ports & SEZ Ltd., said the Adani Group will invest Rs 1.5 trillion in Gujarat’s Kutch region over the next five years.

Adani made the announcement while addressing the Vibrant Gujarat Regional Conference for the Kutch and Saurashtra regions in Rajkot, held in the presence of Narendra Modi, Bhupendra Patel and Harsh Sanghavi, along with senior industry leaders.

He said the planned investments include completing the Khavda renewable energy project and commissioning the full 37 GW capacity by 2030, as well as doubling port capacity at Mundra over the next decade. Adani added that these investments align with national priorities such as employment generation, industrial competitiveness, sustainability and long-term economic resilience.

Commenting on the broader economic context, Adani said India is emerging as a bright spot amid global uncertainty, growing close to 8 per cent, expanding its manufacturing base and progressing towards becoming a USD 5 trillion economy and the world’s third-largest.

He noted that Gujarat is among India’s most industrially advanced and globally connected states, contributing over 8 per cent to national GDP, accounting for 17 per cent of industrial output, handling 40 per cent of the country’s cargo through its ports and leading in renewable energy capacity. He described Kutch as a powerful symbol of transformation, having evolved from a remote region into a strategic hub for industry, logistics and energy.

“As India moves towards Viksit Bharat 2047, Gujarat will remain central to this national transformation. The Adani Group is committed to being a trusted partner in building a strong, self-reliant and globally respected India,” Adani said. The group operates Mundra Port in the Kutch region.

Also addressing the conference, Balkrishan Goenka, Chairman of Welspun World, said the company’s Gujarat facility has become the world’s largest home textiles manufacturer. He said Welspun provides direct and indirect employment to around 100,000 people in the state.

Goenka added that Welspun holds more than 25 per cent market share in home textiles in the US and UK, with products manufactured in Gujarat used at global sporting events such as Wimbledon. In the pipes segment, he said the company is investing Rs 50 billion and expects to become the world’s largest pipe manufacturing company by the end of the year.