The Adani Group on Tuesday announced a major multi-sectoral investment in Odisha, with projects spanning digital infrastructure, energy, and manufacturing, as part of its long-term commitment to the state's industrial growth.

Karan Adani presented three main projects during his speech at the groundbreaking ceremony, which required more than Rs. 33,000 crore of investment to establish Odisha as an important center for India's economic development.

The main project involves a data center, which will cost Rs. 800 crore and be built at Info Valley in Bhubaneswar to expand digital capacity and enable new technological developments in artificial intelligence, cloud computing, and digital governance. The project will result in approximately 200 new employment opportunities.

The group will build a thermal power plant near Cuttack through its energy operations, which will cost Rs. 30,181 crore. The project will improve power dependability for both industrial operations and residential areas while it creates about 7,000 new job openings through direct and indirect employment.

The establishment of a Rs. 2,100 crore cement manufacturing unit near Cuttack will provide essential support for regional infrastructure development and construction activities. The unit is expected to produce roughly 2,500 new employment positions.

Adani further explained that Odisha possesses significant historical and economic value because its natural resource base, extensive coastline, and vibrant young population establish it as an essential location for economic development. He also emphasized that Odisha's governance reforms and investor-friendly approach have strengthened its position as a preferred investment destination.

He cited Odisha's plan to reach a $500 billion economy by 2036 and a $1.5 trillion economy by 2047. The plan demonstrates both strong ambition and solid core economic strength.