Vibrant Gujarat Summit 2024: Gautam Adani stated that PM Modi has reoriented India to become the world’s fastest growing economy.
Gujarat Vibrant Summit 2024: Adani Group Chairperson Gautam Adani addressed the Vibrant Gujarat Global Summit 2024 on Wednesday and said the Adani Group is expanding the green supply chain for an Aatmanirbhar Bharat and creating the largest integrated, renewable energy ecosystem. He added that over the next five years, the Adani group will invest over Rs 2 Lakh Crores in Gujarat.
“We are expanding the green supply chain for an Aatmanirbhar Bharat and creating the largest integrated, renewable energy ecosystem…Over the next five years, the Adani group will invest over Rs 2 Lakh Crores in Gujarat,” Gautam Adani said.
#WATCH | Vibrant Gujarat Global Summit 2024 | Adani Group Chairperson Gautam Adani says, “We are expanding the green supply chain for an Aatmanirbhar Bharat and creating the largest integrated, renewable energy ecosystem…Over the next five years, the Adani group will invest… pic.twitter.com/xTOYG5GMYp
— ANI (@ANI) January 10, 2024
He further added that the Vibrant Gujarat Summit is a stunning manifestation of PM Modi’s extraordinary vision. “It has all your hallmark signatures, merging grand ambition, massive scale, meticulous governance and flawless execution. It ignited a nationwide movement as all our states march forward competing and cooperating to fundamentally remodel India’s industrial landscape,” he said.
#WATCH | Vibrant Gujarat Global Summit 2024 | Adani Group Chairperson Gautam Adani says, “… Vibrant Gujarat is a stunning manifestation of your (PM Modi) extraordinary vision. It has all your hallmark signatures, merging grand ambition, massive scale, meticulous governance and… pic.twitter.com/dW0LcRAhhb
— ANI (@ANI) January 10, 2024
He added that since 2014, India’s GDP has grown at 185% and per capital income at 165%. He also stated that PM Modi has reoriented India to become the world’s fastest growing economy.
In December last year, Gautam Adani had announced that all its port operations will be carbon neutral by 2025. The target for net-zero port operations is 2040, the group chairman said in a post on his X timeline.
“By 2025, we will set a national benchmark being the only carbon-neutral port operations and be Net Zero for APSEZ by 2040. Our climate-friendly transformation includes electrifying all cranes, switching all diesel-based Internal Transfer Vehicles to battery-based ITVs, and installing an additional 1000 MW of captive renewable capacity,” the X post read.
Gautam Adani also said his conglomerate is pledging mangrove plantations in about 5,000 hectares by the financial year 2024-25.
“Our dedication to protecting the environment is also reflected in our expanding mangrove plantations, aiming for a remarkable 5000 hectares by FY 25. This is yet another step towards a greener future and further testament of our commitment to climate stewardship,” he wrote on X.
This Adani Group project is expected to add to India’s green energy capacity, besides helping in reaching its climate action pledges it made at COP. India committed to an ambitious five-part “Panchamrit” pledge at COP26, held in 2021. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, to reducing emissions by 1 billion tonnes by 2030. India also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.