THEBUSINESSBYTES BUREAU

BHUBANESWAR, APRIL 8, 2026

Announcing a major expansion of the Adani Group’s footprint in Odisha, Managing Director Karan Adani on Wednesday unveiled investments worth over ₹33,081 crore across data infrastructure, energy, and cement manufacturing, underlining the conglomerate’s long-term commitment to supporting the state’s industrial and digital growth.

Highlighting the significance of the announcement at the groundbreaking ceremony for multi-sectoral industrial projects, Adani said that the company is investing in three major projects that will strengthen Odisha’s position as a key driver of India’s economic expansion while generating significant employment opportunities.

The flagship initiative includes a state-of-the-art data centre at Info Valley in Bhubaneswar with an investment of ₹800 crore, aimed at enabling the digital economy through advanced infrastructure supporting artificial intelligence, cloud computing, and data-driven governance. The facility is expected to create around 200 high-skilled direct and indirect jobs, strengthening Odisha’s growing reputation as a technology hub.

In the energy sector, the Adani Group announced a major ₹30,181 crore investment in a thermal power plant near Cuttack, a project expected to enhance energy security and provide stable power supply critical for sustaining industrial expansion, MSME growth, and household demand. The project is estimated to generate nearly 7,000 employment opportunities across direct and indirect roles, significantly contributing to regional economic activity.

Further strengthening the industrial ecosystem, the Group will invest ₹2,100 crore in a cement manufacturing unit near Cuttack, supporting infrastructure development across sectors such as housing, transportation, healthcare and education. The project is expected to create approximately 2,500 jobs while reinforcing the state’s self-reliance in core construction materials.

Emphasising Odisha’s strategic advantages, Adani highlighted the state’s vast mineral resources, long coastline, improving governance framework and young workforce as key enablers of sustained industrial growth. He noted that the investments represent a strong vote of confidence in Odisha’s vision of becoming a $500 billion economy by 2036 and a $1.5 trillion economy by 2047.

Adani also underscored the importance of collaborative development, stating that the Group’s growth is closely aligned with the state’s economic progress. He affirmed that the projects are designed to create long-term value by building infrastructure that supports future generations while accelerating India’s broader industrial transformation.

The projects collectively mark a significant milestone in strengthening Odisha’s industrial landscape, positioning the state as an emerging powerhouse for digital infrastructure, energy reliability and manufacturing capability, while reinforcing the Adani Group’s role as a long-term partner in India’s growth story.