India's Adani Group to invest $10.4 billion in West Bengal (updated)
UPDATE 1-India's Adani Group to invest $10.4 billion in West Bengal Adds details in paragraphs 2-5
By Abhinav Parmar and Kashish Tandon
Sept 24 (Reuters) - India's Adani Group will invest 1 trillion rupees ($10.43 billion) in West Bengal by 2035, Chairman Gautam Adani said on Thursday, expanding its presence across sectors ranging from power generation and logistics to data centers.
The announcement underscores the ports-to-power conglomerate's push to diversify beyond its core infrastructure businesses, with growing investments in data centers, healthcare and clean energy alongside its ports, logistics and power operations.
The investment will also support the development of roads, bridges and ropeways across the eastern state, Adani said.
Speaking at the foundation stone-laying ceremony of a 2,000-bed hospital in the New Town area near Kolkata, West Bengal, Adani said the group would invest 40 billion rupees in the hospital, a medical college and a research facility.
The project is expected to create more than 10,000 jobs across the state's healthcare ecosystem.
($1 = 95.8850 Indian rupees)
(Reporting by Abhinav Parmar and Kashish Tandon in Bengaluru; Editing by Rashmi Aich)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
Recent news on Adani Enterprises
See all newsAdani's Mumbai airport holds off on winter flight cuts after airline pushback
Brief: Adani’s Mumbai Airport Says It Will Not Disturb Any Airline Slots For Winter Schedule - Spokesperson
Apple supplier Jabil, Adani sign pact for AI data centre equipment venture in India
Brief: Adani Enterprises Ltd And Jabil Sign MoU For 50:50 Data Centre Hardware Joint Venture
India's Adani Enterprises eyes $210 mln fundraise via rupee debt, bankers say