Adani chips in with Rs 6,500 cr

Dehradun:  Among the investment proposals, the Adani Group has committed the largest sum of Rs 6,500 crore. The group plans to invest Rs 5,000 crore in a metro rail project, and Rs 1,000 crore to upgrade power transmission. It will create a logistics park at Rs 500 crore. “We see tremendous potential in Uttarakhand. Its economy has grown at a rate 11 per cent in the last fiscal year. We have also signed an MoU in the area of farm production,” Adani Enterprises Director Pranav Adani said.

The state government has identified 12 sectors for focussed investments. These include wellness and AYUSH, pharmaceuticals, information technology, horticulture and floriculture, natural fibres, tourism and hospitality, film shooting, biotechnology, renewable energy, food processing and automobile. PTI