Adani Group pledges Rs 87 bn investment boost across sectors in Bihar

15 Dec 2023 CW Team

The Adani Group announced plans to inject an additional Rs 87 billion into various sectors in Bihar, encompassing cement manufacturing, logistics, and the agro-industry. Pranav Adani, Director of Adani Enterprises, revealed this commitment during the Bihar Business Connect-2023, a global investors summit that concluded on the same day.

Addressing the audience, Adani stated, "Our group has resolved to invest Rs 87 billion in additional sectors within Bihar, a move that is poised to generate direct or indirect employment for approximately 10,000 people in the state."

During the summit, Bihar Chief Minister Nitish Kumar unveiled the Bihar Logistics Policy 2023 and a coffee table book from the state industries department. However, Kumar did not deliver a speech at the event.

Adani emphasised Bihar's increasing appeal as an investment destination, highlighting the group's existing presence in logistics, gas distribution, and agro-logistics with an initial investment of Rs 8.5 billion. This earlier investment has resulted in the creation of direct or indirect employment for 3,000 individuals. Adani expressed the group's intention to amplify its investment nearly tenfold in the state.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..