Adani Group Commits $66 Billion Investment in Maharashtra at Davos

In an effort to establish itself as a long-term partner in the state's infrastructure-led growth goal, the Adani Group presented a $66 billion investment plan for Maharashtra on January 21. The plan covered aviation, clean energy, urban infrastructure, digital platforms, and advanced manufacturing.

The company presented its plans at the 56th World Economic Forum (WEF) annual conference in Davos. Adani Group stated that the portfolio shows a shift towards creating integrated, future-ready platforms in line with India's ambitions on energy transformation, ease of doing business, and industrial self-reliance. Let’s explore how Adani Group has planned the investment.

Roadmap of Adani’s Investment

Next-generation infrastructure projects and extensive urban transformation serve as the foundation for the anticipated investments in Maharashtra. One of India's most intricate urban renewal projects is the rebuilding of Dharavi, which aims to transform Asia's biggest informal colony into a planned and economically thriving area.

One of India's biggest greenfield airports, Navi Mumbai International Airport (NMIA), which opened for business on December 25, is leading the group's bet on Navi Mumbai as a significant growth hub. In addition to boosting logistics, hospitality, and business growth, the airport is anticipated to increase aviation capacity for the Mumbai metropolitan area. Maharashtra Chief Minister Devendra Fadnavis stated, "We will welcome any investor, whether it is the Adani Group or others, who brings investment to Maharashtra, because without investment, jobs will not be created for our youth."

Additional Projects of Adani Group

Other projects include coal gasification facilities, pumped-storage hydropower projects totalling 8,700 MW, an integrated arena district close to the airport, green, integrated data centre parks with a combined capacity of 3,000 MW. Apart from these, proposed semiconductor and display fabrication units in line with the government's changing framework for private participation are also included in the plan.

According to the Adani Group, the investments highlight its shift from creating assets to developing ecosystems with an emphasis on sustainability, size, and integration. The Group's WEF 2026 activities underscored its endeavour to integrate private capital with India's global economic aspirations as world leaders convened in Davos to deliberate on resilience and growth. The size and sectoral distribution of the investments were explained by Pranav Adani, Director of Adani Enterprises, who also mentioned that the anticipated expenditure will be spread out over the following seven to ten years.